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Big movement possible on FTSE 100 after a breach of 8310.0000

FTSE 100 has broken through a line of 8310.0000 and suggests a possible movement to 8329.1826 within the next 16 hours. 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 7 days.

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DOW 30 moves higher to 43330.7 in the last 14 hours.

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