A London Stock Exchange sign sits on glass in the atrium of the London Stock Exchange Group Plc's offices in Paternoster Square in London, U.K., on Monday, July 25, 2016. Deutsche Boerse AG has yet to secure shareholder acceptance for its 10.6 billion-pound ($13.9 billion) takeover of London Stock Exchange Group Plc, although it edged closer with 55.5 percent of investors giving it the go ahead. Photographer: Chris Ratcliffe/Bloomberg
• FTSE100 broke resistance level 6800.00
• Likely to reach resistance level 6966.00
FTSE100 index continues to rise after the earlier breakout of the key resistance level 6800.00 (which stopped the previous waves A and (i)).
The breakout of the resistance level 6800.00 accelerated the active minor impulse wave C of the ABC correction (2) from January.
FTSE100 is likely to rise further in the active impulse wave C toward the next resistance level 6966.00 (multi-month high from January, top of wave (C)) – followed by 7000.00.
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