Either a rebound or a breakout imminent on UK100

Past performance is not an indicator of future results.
UK100 is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of UK100 to test 5780.0000 within the next 11 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.