Forecast FTSE 100 index for the week 05/16/2016 — 05/20/2016


Quotes FTSE 100 stock index at the level of complete trading week close to 6103. Currently, there is potential for the formation of topping models forex head and shoulders with the subsequent development of falling stock index FTSE 100. However, quotes for the completion of the model you want to see the growth of quotations in the area above the level of 6200 to complete the right shoulder model, where should try to sell Foots index with a close stop.

Forecast FTSE 100 index for the week 05/16/2016 — 05/20/2016

Forecast FTSE 100 index for the week 05/16/2016 — 05/20/2016

Potential same purpose falls in quotations Foots 100 is the area on the level below 5500. Cancellation option will be a strong growth and upgrade the level of 6450. Thus, Forecast FTSE 100 index for the week 05/16/2016 — 05/20/2016 suggests correction attempt to 6200, where we can expect fall within the beginning of working out a reversal pattern head and shoulders.


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