UK100 Analysis
Key details for today:
The date is key, financial institutions will be looking to sell profits for a clean end to the quarter and secure solid bonuses and commissions.
The past month or so has seen excellent gains following Putin’s rampage in the Northern part of the globe. The traders that evaded the losses there will likely be exiting positions today.
We may see a push up to the gap today before sliding lower, but be aware the slide may not care about the gap today.
Previous Day Cash Data
Open 7537
High 7579
Low 7529
Close 7524
Ger40 is looking like a potential slide, which commenced somewhat yesterday. Looking for any opportunities where the market pushes up at the open for selling through the day.