Bollinger Bands forecast FTSE 100 on February 24, 2017


Quotes FTSE 100 stock index trading at 7305. The index moves above the moving average with a period of 55 that indicates a bullish trend for the index. Currently quotes are sandwiched by the model triangle and is expected to sample the upper boundary of the model and the continued development of growth with a view above the area 7350.

Bollinger Bands forecast FTSE 100 on February 24, 2017

Bollinger Bands forecast FTSE 100 on February 24, 2017

With the breakdown of the upper Bollinger Bands indicator strips border is expected to accelerate the growth of quotations of the FTSE 100. The conservative area for shopping is located at the lower limit of the bands of the indicator near the region of 7265. Cancellation option quotations growth FTSE 100 will drop and the sample area 7250 that will indicate the shift in favor of a bearish trend.


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