
A strong buying opportunity on the FTSE 100 index coming soon
The FTSE 100 index is still moving in a general upward trend,
surpassing all resistance areas, indicating that buyers are in control.
Currently, the index is moving in a downward wave on the 4-hour timeframe,
following an expected correction.
The index has reached strong demand areas on the 4-hour timeframe,
aligned with the ascending trend line on the 4-hour timeframe.
The index is expected to rise if it breaks the corrective downward sub-trend.
In the event of a break, it is expected to rise to the indicated targets,
which are located at the 9320 and 9390 levels, respectively.
In the event of a decline and a break of the current uptrend and demand areas,
continuation of the decline and correction is expected in the short and medium term.