The stock index FTSE 100 completed the trading week at the level of 7310.5. The FTSE 100 continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the FTSE 100. The Ichimoku Cloud upper limit test is expected near the level of 7280.0, from which an attempt is expected to grow and develop the bullish trend for the FTSE 100 Stock Index with the first target near the level of 7460.0.
Ichimoku Kinko Hyo FTSE 100 Forecast on April 17 — 21, 2017
Earlier, a weak signal was received for the sale of the Stock Index FTSE 100, due to the intersection of the signal lines at the level of 7335.0. The cancellation of the variant of growth will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 7200.0, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the Exchange index FTSE 100 stands with the breakdown of the local maximum area at the level of 7380.0.
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