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Major Support & Resistance (pivot points – explained):
Pivot Point: 6707; Support 1, 2: 6618, 6655; Resistance 1, 2 & 3: 6744, 6796, 6833
The UK 100 ’s recent run has stalled for breath of late as concerns over China’s growth and ongoing tensions in Ukraine have caused investors to take some risk off the table. After hitting multi year highs towards the end of Feb, we have seen the UK 100 in a decline, losing around 200 points since Feb highs and falling below its 50 day average. Support is possible around 6655, 6618 6600 and 6566. On the upside we could see resistance around 6707, 6744, 6796 and again at 6833.
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Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
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