UK100 has broken through a support line of a Rising Wedge and suggests a possible movement to 7405.4673 within the next 6 hours. 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 5 days.
UK100 – breach of a trending support line that has been tested at least twice before.
