UK 100 IndexLong
FTSE 100 (ICE Europe) may rise to 7765.00 - 7787.00 - 7800.00
Pivot
7730.00
Our preference
Long positions above 7730.00 with targets at 7765.00 7787.00 7800.00 in extension.
Alternative scenario
Below 7730.00 look for further downside with 7714.00 & 7685.00 as targets.
Comment
A support base at 7730.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances
7800.00
7787.00
7765.00
7749.50 Last
7730.00
7714.00
7685.00
Number of asterisks represents the strength of support and resistance levels.
7730.00
Our preference
Long positions above 7730.00 with targets at 7765.00 7787.00 7800.00 in extension.
Alternative scenario
Below 7730.00 look for further downside with 7714.00 & 7685.00 as targets.
Comment
A support base at 7730.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances
7800.00
7787.00
7765.00
7749.50 Last
7730.00
7714.00
7685.00
Number of asterisks represents the strength of support and resistance levels.
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