UK100 has breached the support line at 7496.5000. It may conitnue the bearish trend towards 7477.2002, or, it may prove to be yet another test of this level.
Big movement possible on UK100 after a breach of 7496.5000
Related Posts
A Channel Up has formed, DAX 40 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
A Channel Up pattern was identified on DAX 40 at 24109.4, creating an expectation that it may move…
FTSE 100 keeps moving closer towards 8814.3701. Will it finally breach this level?
FTSE 100 is approaching a resistance line at 8814.3701. If it hits the resistance line, it may break…
Important support line being approached by FTSE 100. This price has been tested numerous time in the last 7 days
FTSE 100 is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…