We are looking at UK 100 Stock Index. We can see an up channel. There has been a significant rally and now we have run into resistance and we can see there is possibility of downside towards the support zone.

Trading Preference

Our preference is to the downside as indicated on the chart towards 7232.

Disclaimer: Our analysis and forecasts given on this website are just our point of view about the market. It is not a trading signal or investment advice.