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The FTSE 100 managed to rise above its 8,372 mid-September high and hit a 2 ½ year high at 8,397, made close to the early and late August peaks at 8,404-to-8,419 which are expected to act as resistance. If overcome, however, the May peak at 8,479 would be in focus.
Support can be seen between the 8,336-to-8,335 late September and early October lows and further down along the 55-day simple moving average (SMA) at 8,270.
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