FTSE 100 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 10 days and suggests a possible target level to be around 8368.1504 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 8368.1504 Entry: 8303.2 Stop: 8259.557