Quotes FTSE 100 stock index trades at 6997. At the moment, there are risks to see an attempt to fall below the level of 6650 with the breakdown of this area and the fall in the area below the level of 6145 in the framework of the beginning of working out a reversal pattern Forex Head and Shoulders. Cancellation option will be a strong growth of quotations FTSE 100 above the local maximum level, in this case, there is a potential for continued growth within the mining bovine model 1: 1 in order to rise above the level of 7485.
Forecast the FTSE 100 December 19, 2016—December 23, 2016
However, the main option is to decrease in quotations within the mining reversal pattern in favor of hover and perform the test of resistance on the downlink indicator of relative strength. Among the important news from the UK in the next trading week of December 19 – December 23, 2016, which may have an impact on the FTSE 100, it stands out, the current account balance of the balance of payments, data will be presented December 23, 2016.
Forecast the FTSE 100 December 19, 2016—December 23, 2016 suggests an attempt to fall in the region at the level of 6650 with the possible breakdown of the art and development of the downward trend.