UK100GB to see a limited rally?

11月14日

UK100 - 24h expiry

Price action looks to be forming a bottom.
A higher correction is expected.
The bias is still for lower levels and we look for any gains to be limited.
Rallies continue to attract sellers.
Further downside is expected although we prefer to sell into rallies close to the 8095 level.

We look to Sell at 8095 (stop at 8171)
Our profit targets will be 7943 and 7780

Resistance: 8110 / 8170 / 8230
Support: 7920 / 7780 / 7710

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