Quotes FTSE 100 stock index trading at 7265. The index continues to move in an uptrend and is currently retained potential for further growth in the area of a local maximum, from which is expected to reduce again.
In favor of the drop in prices on the level of the FTSE 100 peaks of the push test resistance area on the indicator of relative strength.
Index FTSE 100 Forecast for February 14, 2017
Cancellation option of growth of quotations index will drop and the breakdown of the rising channel’s lower border with the closing quotations below the level 7020, which indicates the potential change of the trend in favor of reduction.
Index FTSE 100 Forecast for February 14, 2017 suggests an attempt to continue the growth of quotations in the area above the local maximum level, where we can expect the beginning of a downward correction.
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