Cabana Capitals Blog Technical Analysis Should we expect a breakout or a rebound on FTSE 100?

Should we expect a breakout or a rebound on FTSE 100?

Should we expect a breakout or a rebound on FTSE 100? post thumbnail image

FTSE 100 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 8121.3999, unless it runs out of momentum and pulls back to current levels.

Supported by Downward sloping Moving Average

Target: 8121.3999 Entry: 8159.9 Stop: 8176.738

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