The stock index FTSE 100 is trading at 7338.3. The FTSE 100 is trading below the lower limit of the Ichimoku Cloud, indicating a downward trend in the FTSE 100. A lower limit test for the Ichimoku Cloud near the level of 7350.0 is expected, from which it is expected to try to drop and develop a bearish trend at the FTSE 100 Stock Index with a view to lower near the level of 7261.0.
Ichimoku Kinko Hyo FTSE 100 forecast on March 27, 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 7379.0. The abolition of the decline option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotes above the area of 7410.0, which indicates a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall of quotations of the index FTSE 100 is with the breakdown of the local minimum area at the level of 7319.0.
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