Cabana Capitals Blog Technical Analysis FTSE 100 approaches important level of 8402.9004

FTSE 100 approaches important level of 8402.9004

FTSE 100 approaches important level of 8402.9004 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 8402.9004, unless it runs out of momentum and pulls back to current levels.

Supported by Downward sloping Moving Average

Target: 8402.9004 Entry: 8417.1 Stop: 8438.09

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