FTSE 100 lifts back to test technical level but can it close above it later today?

The push higher in the US equity futures has now delivered another 10 points for the S+P, above where they were at the time of the last update. The Dow Jones futures have picked up markedly too and right now the index is pricing a reopening above 43,550, which is more than 200 points above where it was earlier. At the same time, the situation here in Europe has continued to see the major indexes rebound and now the DAX is approaching the 19,100 mark. The FTSE has just lifted back above its 200 day moving average. Earlier the index fell back to a low at 8,065. That 200 day moving average is still rising and in place at exactly 8,121.65 just now. We have seen recently how the index can rise above this level during any given session, but since breaking down below it on November 12, it is yet to post a daily close above the level. Perhaps today might be different? We shall have to see on that. The FTSE 100 is back underneath it having just now pushed a couple of points beyond. The FTSE 100 is right nowt at 8,118