The price of UK100 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Related Posts
FTSE 100 has broken out from the Head and Shoulders pattern. Expect it to hit 8599.8463 soon.
FTSE 100 has broken through a support line. It has touched this line at least twice in the…
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
DOW 30 has experienced an extremely big movement in last day. It may continue the trend, but this…
Important support line being approached by ASX 200. This price has been tested numerous time in the last 7 days
A Head and Shoulders pattern was identified on ASX 200 at 7922.0, creating an expectation that it may…