FTSE 100 index Wave Analysis – 11 November 2025

- FTSE 100 index broke resistance area
- Likely to rise to resistance level 10000.00

FTSE 100 index recently broke the resistance area between the resistance level 9800.00 and the resistance trendline of the daily up channel from June.

The breakout of this resistance area accelerated the active short-term impulse wave iii of the sharp upward impulse wave 5 from the start of September.

Given the clear daily uptrend, FTSE 100 index can be expected to rise to the next round resistance level 10000.00 (target price for the completion of the active impulse wave iii).