Thoughts on $FTSE 100 after this morning's move

Watching the $FTSE this morning, it's interesting to see it pushing past the 10700 mark. We're currently sitting around 10701.32 at the high of the day, which suggests a decent follow-through from yesterday's close. I've been eyeing that 10700 area as a potential short-term resistance. If it can consolidate above here, say for the rest of today and into tomorrow, it could signal a re-test of higher levels previously seen.

However, the risk I'm watching closely is a swift rejection from this zone. A close back below 10670 today, especially on increased volume, would pretty much invalidate the bullish momentum in the immediate term for me. It could suggest that this move up was just a re-test of the breakdown from earlier in the week, rather than a genuine breakout. The range from 10604 to 10701 has been pretty choppy lately, so I'm hesitant to call a definitive move until we get more clarity.