The quotations of the FTSE 100 index are trading at 7356. At the moment, there is a potential for continuing the growth of quotations in the region above the 7400 level. In favor of the growth of the FTSE 100 is the breakdown of the upper limit of the Triangle model, which indicates the continued growth of the index.
Technical analysis and FTSE 100 Forecast on April 11, 2017
Canceling the option will be the fall and breakdown of the 7300 area, which will indicate a return to the model and a fall to the 7250 level. Expect the acceleration of the growth of quotations FTSE 100 costs with the breakdown of the local maximum area.
Technical analysis and FTSE 100 Forecast on April 11, 2017 assumes an attempt to continue the growth in the area above the level of 7400 within the framework of testing the broken Triangle model, the drop will be the breakdown and breakdown of the 7300 area, which will indicate the 7250 test.
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