Is the FTSE100 setting itself for a rally?

Triple Bottom seems to be forming on FTSE100...

Could it be showing signs that it wants to rally for the rest of the year?

If so, we need to wait for the price to close above the neckline before acting.

Other indicaators also show it's too early, but things can change. So we'll keep our eyes peeled.
Price <200 (Bearish)
21>7 (Bearish)
RSI<50
Target 8,280