Stock index FTSE 100 completed the trading month at the level of 7543.7. FTSE 100 is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the FTSE 100. A test of the signal line area near the 7270.0 level is expected, from which an attempt is expected to grow and develop the bullish trend for the FTSE 100 exchange index with the first target near the 7970.0 level.
Index FTSE 100 forecast for June 2017
Earlier, a strong signal was received for the buying of the exchange index FTSE 100, due to the crossing of signal lines at 6886.0. Cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 6440.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the Stock index FTSE 100 stands with the breakdown of the local maximum area at the level of 7800.0.
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