UK100 rose sharply for 23 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in UK100 there is a chance that we will witness a correction, no matter how brief.
Related Posts
Extreme movement experienced on ASX 200. Check this chart to see what to do next
ASX 200 has moved higher by 1.86% from 8280.7 to 8434.9 in the last 15 hours.
FTSE 100 – breach of price line that’s been previously tested numerous times before
FTSE 100 has broken through 8101.2998 which it has tested numerous times in the past. We have seen…
Because ASX 200 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
The movement of ASX 200 towards the resistance line of a Rising Wedge is yet another test of…