FlowState

UKX approaching support, potential bounce!

Long
TVC:UKX   UK 100 Index
UKX is approaching our first support at 6768 (61.8% & 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 7045 (38.2% &50% Fibonacci retracement , 61.8% Fibonacci extension ).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.