FTSE 100: ⬇️ Sell

– FTSE 100 reversed from resistance zone

– Likely to fall to support level 9090.00

FTSE 100 index recently reversed down from the resistance zone between the key resistance level 9330,00 (which stopped the previous wave (3) in the middle of August, as can be seen below) and the upper daily Bollinger Band.

The downward reversal from this resistance zone started the active short-term correction 2.

FTSE 100 index can be expected to fall to the next support level 9090.00, the target for the completion of the wave 2 (low of the previous correction (4)).