UK100 has breached the resistance line at 7531.5000. It may conitnue the bullish trend towards 7547.2998, or, it may prove to be yet another test of this level.
Breach of 7531.5000 could mean a start of a bullish trend on UK100
Related Posts
FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days
FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days.
Because FTSE 100 formed a Pennant pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Pennant detected on FTSE 100 – the pattern is an emerging one and has not yet broken…
DOW 30 is approaching 43440.7813. We expect either a breakout through this line, or a rebound.
DOW 30 is approaching a support line at 43440.7813. If it hits the support line, it may break…