UK home builders have performed well in recent times with the UK government backing the housing market with expansion plans. In terms of recent broker recommendations UBS , Credit Suisse and Canaccord have all upgraded to company within the last 4 months.
* The weekly chart is showing candles.
* On the hourly chart we are at a relatively low level.
* On the we support at the upward trendline.
* Could see resistance at the downward trendline on the linked chart.
* In regards to the VPOC (Oct) is at around the 1726.13 area, do not be surprised if this is a .
* Oct high of 1892.65, Low of 1648.88 and highest amount of contracts exchanged (Value) 1725.30
Rajan Dhall MSTA