UK100 to find buyers at market?

4 окт. 2023 г.

UK100 - 24h expiry

Price action has continued to trend strongly lower and has stalled at the previous support near 7425.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 7500 will confirm the bullish momentum.
The measured move target is 7600.

We look to Buy at 7420 (stop at 7360)

Our profit targets will be 7570 and 7600

Resistance: 7500 / 7550 / 7600
Support: 7450 / 7425 / 7400

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