Stock index FTSE 100 completes the trading week at 7378.4. The FTSE 100 is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend over the FTSE 100. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 7420.0 level, from which an attempt is expected to fall and develop a bearish trend at the FTSE 100 exchange rate to reduce near level 7240.0. Earlier, a weak signal was received for the sale of the FTSE 100 exchange index, due to crossing of the signal lines at the level of 7420.0.
FTSE 100 weekly forecast on September 11 — 15, 2017
Cancellation of the variant of falling quotations of the stock index will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 7480.0, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations of the stock exchange index FTSE 100 stands with the breakdown of the local minimum area at the level of 7270.0.
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