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UK 100 Index
Long

7450 Support

By hilsdentrading
Am watching the 7450 level for support today. Is this just a pullback in the overall bullish trend or are the bears finally waking up? If 7450 breaks then it may well get a lot more bearish. Consumer spending slowing down, companies making redundancies. Some big companies struggling or going into administration in the UK. US stock markets certainly got ahead of themselves.
Beyond Technical AnalysisFTSEftse100Technical IndicatorstradingTrend AnalysisFTSE 100 Index
hilsdentrading
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