Aurum Markets Blog Technical Analysis Either a rebound or a breakout imminent on FTSE 100

Either a rebound or a breakout imminent on FTSE 100

Either a rebound or a breakout imminent on FTSE 100 post thumbnail image

FTSE 100 is heading towards 8510.9004 and could reach this point within the next 4 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Target: 8510.9004 Entry: 8657.2 Stop: 8719.142

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