The movement of FTSE 100 towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Supported by Upward sloping Moving Average
Target: 8501.7238 Entry: 8456.9 Stop: 8437.2