UK100 to find support at market price?

9 ก.ค.

UK100 - 24h expiry

Price action looks to be forming a bottom.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Dip buying offers good risk/reward.
We look for a temporary move lower.
Further upside is expected although we prefer to buy into dips close to the 8175 level.

We look to Buy at 8175 (stop at 8135)
Our profit targets will be 8275 and 8295

Resistance: 8480 / 8570 / 8720
Support: 8010 / 7870 / 7725

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