Quotes FTSE 100 stock index continues to trade within a descending wave pattern Wolfe with a view to fall below the level of 5600.
FTSE 100 Forecast — May 25, 2016
At the moment, there is the potential for the formation of reversal pattern head and shoulders with a view to fall below the level of 6000. Cancellation option will increase in quotes above stock index level of 6200. FTSE 100 Forecast — May 25, 2016 suggests an attempt to continue the drop in prices as part of the beginning of the descending pattern head and shoulders.
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