Quotations of the stock index FTSE 100 completed the trading week at 7355. Quotes continue to move within the upward channel and at the moment there is still potential for continuing the growth of the FTSE 100 in the region above the level of 8000. In favor of the growth of the index is a tight test of the support line on the indicator of relative strength.
FTSE 100 Forecast for the week April 10 — 14, 2017
Expect to accelerate growth FTSE 100 stands with a breakdown of the downward trend line on the indicator of relative strength, which indicates the breakdown of the local maximum area by closing prices. The cancellation of the option may be the drop in quotes and the breakdown of the area of 7000, in which case we should expect the FTSE 100 quotes to continue falling.
FTSE 100 Forecast for the week April 10 — 14, 2017 suggests an attempt to continue the growth of quotations to the area above the level of 8000, line of support on the indicator of relative strength.
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