Forecast by Marius Ghisea- FTSE 100 Index (June 6-10)

The daily chart indicates the uptrend for FTSE 100 Index. The price is still above EMA 50. The MACD is still positive and the stochastic oscillator confirms an uptrend continuation in the medium long term. The price may rise until 6450 in order to form a geometrical shape.

UK FTSE 100 index Forecast-daily

The price is still above EMA 200 on 8 hour chart. After 3 months of retracement, FTSE 100 Index may rise in the medium term.

UK FTSE 100 index Forecas1-8hour

 

MariusG
Marius Ghisea – fund manager and advisor for institutional and individual investors. 11 years experience in forex market. Marius G. provides advices for long term investors with low risk strategies investments. Technical analyst at ProfitF.com ( Go to Ghisea Marius Facebook group >>> )
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