Stock index FTSE 100 completes the trading week at the level of 7523.8. FTSE 100 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in the FTSE 100. A test of the signal line area near the level of 7395.0 is expected, from which an attempt is expected to grow and develop a bullish trend at the exchange index with the first target near the level of 7660.0.
FTSE 100 forecast on May 29, 2017 — June 2, 2017
Earlier, a weak signal was received for the buy of the exchange index FTSE 100, due to the intersection of signal lines at the level of 7249.0. Cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 7235.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the Stock index FTSE 100 stands with the breakdown of the local maximum area at the level of 7590.0.
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