UK100 has broken through a line of 7487.0000. If this breakout holds true, we expect the price of UK100 to test 7427.2002 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
DAX 40 – approaching a price line that has been previously tested numerous times in the past
DAX 40 is en route to a very important line that will be a definite deciding factor of…
FTSE 100 is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.
FTSE 100 is heading towards the support line of a Descending Triangle. If this movement continues, the price…
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
DOW 30 hits 43849.88 after a 5.29% move spanning 3 days.