hilsdentrading

7510 and 7525 Support - back to 7600?

Long
TVC:UKX   UK 100 Index
85 views
3
At 7525 we are at the bottom of the 10 day Raff channel, and have had a slow pullback this morning. Lower support is at 7510 so we may well see some support around the 7500 to 7525 level for a rise back to test the recent high at 7600. Above that then 7685 looks possible, but with the General Election on Thursday it will be some brave bulls to take us that high this week. That said, we could be on for some buy the rumour, sell the news and Friday sees the worm turn for a trip down to 7200 again.

Comments

Welcome to TradingView Nick! I've followed your blog for a few months. I've only just started doing my daily analysis on here. I'm doing it because I think it will encourage me to think more carefully and assertively if I publish my thoughts.
Reply
hilsdentrading robbyduffy
@robbyduffy, Thanks. been posting here sporadically for a while. Saw a few of your posts. Good to all share some ideas.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out