FTSE 100 at a 'make or break' point.

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FTSE 100 at a 'make or break' point.UK 100CAPITALCOM:UK100TradingShotFTSE 100 (UK100) is on a Lower Highs trend-line rejection that broke below its 4H MA50 (blue trend-line) and almost at the point of a 4H MA200 (orange trend-line) now. This is a pattern of technical break-outs. A break below the 4H MA200 is a sell confirmation signal targeting at least the 1.618 Fibonacci extension at 10155 like the March 09 break-out did. A break above the Lower Highs would be a bullish break-out signal targeting Resistance 1 at 10940. On the longer term, if the downtrend prevails, the index eyes the 1D MA200 (red trend-line), its next technical Support. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡