Quotes FTSE 100 stock index trading at 6816, at the moment there is a tight test of the rising channel’s lower border, where we can expect growth of quotations in the area above the level of 6900.
FTSE 100 forecast for the week August 29, 2016 — September 2, 2016
However, the stock market index quotes the FTSE 100 traded in the uplink, and the upper limit of the test can provoke attempt to rebound and fall of quotations to potential target below the level of 6500. Cancellation option will be a further decline of the index breakdown of the channel’s upper border, which indicates the acceleration of the upward trend and the growth of quotations of the FTSE 100 to a local maximum.
FTSE 100 forecast for the week August 29, 2016 — September 2, 2016 suggests a test area where we can expect the beginning of falling to the level of 6500.