UK100 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 44 days and suggests a possible target level to be around 7335.5893 within the next 7 days.
UK100 has broken out from the Channel Up pattern. Expect it to hit 7335.5893 soon.
