Stock index FTSE 100 is trading at 7276.3. FTSE 100 is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the FTSE 100. The stock index is expected to rise to the level of 7310.0, from which it is expected to try to fall and further develop the bearish trend in order to decrease near the level of 7140.0.
Stock index FTSE 100 forecast on September 20, 2017
Earlier, a strong signal was received for the sale of the FTSE 100 stock index, due to the crossing of the signal lines at the level of 7320.0. Canceling the variant of falling quotations of the stock index will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 7380.0, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations of the stock index FTSE 100 is with the breakdown of the local minimum area at the level of 7170.0.