FTSE 100 sets technically negative close below 8,200- futures a little higher ahead of the opening

As just noted in the previous update, the FTSE 100 was the dog amongst the major global stock market indexes. The 1.36% fall saw the index close below the 8,200 mark for the first time since September 6. That close was also sell below both the 50 and 100 day moving averages highlighted  here yesterday, as the index effectively reopened some way below both of them. The FTSE 100 closed 113 points lower, at 8,190.61. The index was dragged lower by a number of components, but perhaps the interesting stock of note was the more than 3.5% slide in BP. That said losses in the basic resources sector had a big impact- Riot Tinto was lower by 4.83% and Glencore lower  by 4.57%., The biggest loser on the day was Anglo American- -6.69%. The FTSE 100 will soon  reopen and right now it is priced to effectively resume around 8,210. The low seen yesterday was set at 8,184, but a break below 8,168 today would not look too clever on the charts.