The price of FTSE 100 in heading in the direction of 8840.5146. Despite the recent breakout through 8791.4502 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
If you’re short FTSE 100 you should be aware that 8791.4502 has just been breached – a level tested 3 time in the past
