UKX Reversed Off Resistance, Prepare For Further Drop

2019年2月27日

FTSE 100 approached our first resistance at 7233 (horizontal pullback resistance, 50% Fibonacci retracement , 61.8% & 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 6961(38.2% Fibonacci retracement , Horizontal pullback support, 100% Fibonacci extension )

Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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