As we see on the Chart The $UK100 Index testing the first resistance (1) and in my own view it will break this resistance sooner or later to test the resistance (2) Which is a previous semmit especially after the fake break of the uptrend (the bullish channel in general), After that we may see a new peak on the level (3) on the Chart and this enhances the rise of the price.
Note :
My analysis are for medium and long term investment (weekly and monthly)
Note :
My analysis are for medium and long term investment (weekly and monthly)