Big movement expected on UK100 after a breach of 6949.0000

UK100 has broken through a line of 6949.0000 and suggests a possible movement to 7035.7500 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.