Stock index FTSE 100 completes the trading week at the level of 7524.6. FTSE 100 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the FTSE 100. A test of the signal line area near the 7410.0 level is expected, from which an attempt is expected to grow and develop a bullish trend for the FTSE 100 stock index with the first target near the level of 7710.0.
FTSE 100 weekly forecast June 12 — 16, 2017
Earlier, we received a weak signal for the buying of the exchange index FTSE 100, due to the crossing of signal lines at the level of 7240.0. The 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 quotes below the area of 7190.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the exchange index FTSE 100 is with the breakdown of the local maximum area at the level of 7650.0.
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