Forecast FTSE 100 on November 17, 2016


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Quotes FTSE 100 stock index trades at 6774. At the moment, the index of quotations movement structure is a model Diamond, the breakdown of which the bottom will indicate the continuation of a downward trend.

Forecast FTSE 100 on November 17, 2016

Forecast FTSE 100 on November 17, 2016

In favor of such an option appears to rebound relative strength indicator values of the upper limit of the downward channel. Cancellation option will be a strong growth Foots quotes above the level of 7000, which points to the breakdown of the model up in this case we should expect the continuation of an upward trend.

Forecast FTSE 100 on November 17, 2016 suggests an attempt to fall within the beginning of diamond mining model with the immediate goal of reducing to a level below the 6610 area.

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