The FTSE has run into resistance at the 6000-level once more, says Mike van Dulken at www.accendomarkets.com.
The three-month and one-month trend remains upwards, with near-term resistance at 5920. The UK index could find a floor for now around 5850 or so. Low volumes threaten to heighten the volatility created by the US ‘fiscal cliff’ stand-off.