TipTVFinance

FTSE 100 outlook

TVC:UKX   UK 100 Index
Break above 7300 (upper end of the Bollinger band on 4-hour chart) would open doors for a cut through 7354 (record high) to a fresh record high of 7400 (upper end of the Bollinger band)

Bearish scenario: Failure to take out 7300 followed by a violation at the session low of 7268 could yield a sell-off to 7184 (rising trend line).

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