FxWirePro:FTSE100 faces major resistance at 5185, good to sell on rallies

• Major support - 6100
   
• FTSE100 has declined after making a high of 6173 yesterday. It is currently trading around 6111.
   
• Short term trend is slightly weak as long as resistance 6185 holds.Minor bullishness can happen only if it breaks above 6185 (200 day MA).
   
• Any indicative break above 6185 will take the index to next level till 6235/6285/6300.
   
• Minor trend reversal only above 6350
   
• On the lower side any break below major support 6100 will drag the index down till 6000/5850.

It is good to sell on rallies around 6115-6020 with SL around 6185 for the TP of 6000/5860