FTSE 100 is chipping away at the key Fib expansion hurdle

The mining heavy index is flirting with 7436 (100% Fib expansion level). Also take note of the potential bullish break from the expanding triangle formation. I say potential because a breakout would be confirmed on March 31. Rejection at 7436 followed by a close on March 31 below 7263 would signal correction. On chart: http://ift.tt/2mxezu6

Submitted March 16, 2017 at 02:12PM by FB_XIII http://ift.tt/2mU3nLH