UK FTSE 100 has broken minor trend line support 6620 and this confirms short term weakness, decline 6335 is possible.
On the higher side major trend reversal can happen only above 6760. Above that it can reach 6835/6870.
It is good to sell on rallies around 6670-75 with SL around 6760 for the TP of 6335.
On the higher side major trend reversal can happen only above 6760. Above that it can reach 6835/6870.
It is good to sell on rallies around 6670-75 with SL around 6760 for the TP of 6335.