We still believe from our analysis that the FTSE is heading for the 8,000 mark and is getting close, however it's going to take some gradual steps with some drop s in price before it hits the mark, it's currently heading for a downturn in price towards a possible area of buyers, which we've marked as the top zone, however should this not hold then we could see price fall to the zone below, perhaps if the is any turbulent news event as we've witness recently then price even drop to the lower zone, we would then expect price to retrace and head upwards once more.