Stock index FTSE 100 completes the trading week at 7396.3. The FTSE 100 broke through the Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, which indicates an upward trend in the FTSE 100. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 7350.0, where an attempt is expected to grow and develop the bullish trend for the FTSE 100 Stock Index With the first goal near the level of 7550.0.
FTSE 100 forecast for the week May 15 — 19, 2017
Earlier, a weak signal was received for the purchases of the FTSE 100 Stock Index, due to the intersection of the signal lines at the level of 7249.0. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 7100.0, which will indicate a change in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations of the Stock Exchange Index FTSE 100 is with the breakdown of the local maximum area at the level of 7450.0.
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