The stock index FTSE 100 is trading at the level of 7240.0. The FTSE 100 is trading below the lower boundary of the Ichimoku Cloud, which indicates a downward trend in the FTSE 100. A test of the lower boundary of the Ichimoku Cloud near the level of 7250.0 is expected, from which an attempt is expected to fall and develop a bearish trend for the FTSE 100 Stock Index with the first target near the level of 7100.0.
Ichimoku Kinko Hyo forecast FTSE 100 on April 25, 2017
Earlier, a weak signal was received for the sale of the FTSE 100 Stock Index, due to the intersection of the signal lines at the level of 7350.0. Cancellation of the fall option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 7290.0, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall of quotations of the Stock Exchange Index FTSE 100 is with the breakdown of the local minimum area at the level of 7170.0.
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