UK100 - Intraday - We sold at 5594 (stop at 5662)
Prices have reacted from 5597.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Further downside is expected although we prefer to sell into rallies close to the 5594 level.
Our profit targets will be 5400 and 5155
Resistance: 5650 / 5854 / 6106
Support: 5445 / 5155 / 4785
Prices have reacted from 5597.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Further downside is expected although we prefer to sell into rallies close to the 5594 level.
Our profit targets will be 5400 and 5155
Resistance: 5650 / 5854 / 6106
Support: 5445 / 5155 / 4785
Trade closed: stop reached:
Stop was hit!
