Eoin Treacy's view It is particularly noteworthy that the largest decliners on the FTSE-100 today were among those which have led to the upside and are among those most overextended relative to the 200-day MA.

Aberdeen Asset Management – encounters at least near-term resistance in the region of the psychological 500p. Potential for a consolidation of recent gains has increased.

Hargreaves Lansdown – has a similar pattern and is at least pausing in the region of the psychological 1000p.

National Grid – drops to break the short-term progression of higher reaction lows suggesting a process of mean reversion is underway.