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Neighbour: Choppy waters ahead for FTSE 100

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The FTSE 100 has seen two decent days of trading following a 5% drop in the middle of July. But Joe Neighbour from Central Market doesn’t think the current correction in equity markets is over and is looking to sell.

He expects further choppiness in the coming weeks and is looking to sell the index into strength as he thinks the current bounce may push on a little more. His entry point for the trade is a move towards 6700 with a stop loss at 6775 and target at 6450.