UK100 has broken through a support line of a Channel Up and suggests a possible movement to 7633.1350 within the next 3 days. 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 34 days.
UK100 through 7707.545454545455. Is this a confirming a breakout? Will it continue its path in the current trend toward 7633.1350?
