Quotes FTSE 100 stock index trades at 7281. At the moment, there is a potential for a fall of the index of quotations in the region of the rising channel’s lower border, we should expect a rebound from the beginning and growth in the area above the local maximum level.
FTSE 100 index forecast on February 17, 2017
In favor of the growth of the FTSE 100 index of quotations testing the uptrend line on the indicator of relative strength.
Cancellation option will be a breakdown of the rising channel’s lower border, which will point to a continuation of the fall to below the level of 7200.
FTSE 100 index forecast on February 17, 2017 suggests an attempt to continue the growth of the index of quotations in the area above the level of the local maximum in the rebound from the support line at relative strength indicator.
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