FTSE 100 is about to retest a key horizontal resistance level near 8313.9004. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Upward sloping Moving Average
Target: 8313.9004 Entry: 8250.1 Stop: 8221.371