The stock index FTSE 100 is trading at 7295.9. The FTSE 100 continues to trade below the lower boundary of the Ishimoku Cloud, which indicates a downward trend in the FTSE 100. An attempt is expected to fall and develop the bearish trend for the FTSE 100 Stock Index from the level of 7310.0 in order to reduce the level of 7220.0. Earlier, a weak signal was received for the sale of the FTSE 100 Stock Index, due to the intersection of signal lines at the level of 7380.0.
Ichimoku Forecast FTSE 100 on March 29, 2017
The abolition of the reduction option will be a breakdown of the upper boundary of the Iсhimoku Cloud with the closing of quotations above the area of 7380.0, which will indicate a change in the downward trend in favor of the upward trend. Expect to accelerate the fall of quotations of the Exchange index FTSE 100 is with the breakdown of the local minimum area at the level of 7270.0.
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