UK100 has broken through a resistance line of a Channel Down and suggests a possible movement to 7708.5388 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.
A possible move by UK100 towards 7708.5388
