Cabana Capitals Blog Technical Analysis Will FTSE 100 have enough momentum to break resistance?

Will FTSE 100 have enough momentum to break resistance?

Will FTSE 100 have enough momentum to break resistance? post thumbnail image

FTSE 100 is approaching the resistance line of a Triangle. It has touched this line numerous times in the last 20 days. If it tests this line again, it should do so in the next 3 days.

Supported by Upward sloping Moving Average

Target: 8251.7227 Entry: 8210 Stop: 8130.7

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