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Neighbour: Seeing more strength in FTSE 100

The FTSE 100 closed lower yesterday after a relief towards the close but Joe Neighbour expects a continuation of the strength shown in the index.

With the oil price rallying around 8%, despite higher US inventories, the FTSE 100 could rally in response, reflecting the volume of energy stocks which make up the bulk of the index.

Buying dip at 5850

Target: 6100

Stop: 5730

01:05 minutes
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