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Neighbour: Seeing more strength in FTSE 100

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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