The stock index FTSE 100 is trading at the level of 7099.8. The FTSE 100 is trading below the lower boundary of the Ishimoku Cloud, which indicates a downward trend in the FTSE 100. A test of the signal line area near the level of 7160.0 is expected, from which an attempt is expected to fall and develop a bearish trend at the FTSE 100 Stock Index with the first target near the level of 7050.0.
Ichimoku Kinko Hyo FTSE 100 forecast on April 21, 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 variant of the fall will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 7280.0, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall of quotations of the Exchange index FTSE 100 is with the breakdown of the local minimum area at the level of 7080.0.
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