Big movement expected on UK100

Past performance is not an indicator of future results.
UK100 has broken through a support line of a Rising Wedge and suggests a possible movement to 5992.1926 within the next 20 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.