FTSE 100 has broken through a line of 9120.0000 and suggests a possible movement to 9079.4912 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 27 days.
After testing 9120.0000 numerous times, FTSE 100 has finally broken through. Can we expect a bearish trend to follow?
