FTSE100 to collapse -2.92% on 7052

One-hour chart of FTSE100 indicates a powerful selloff in FTSE100 stocks of at least -2.92%.
Investment funds and equity funds will probably dump with full force FTSE100 stocks considering the prospect of recession.
The MACD oscillator already formed a double-top and sell signal, the FTSE100 would have to drift down on the 200 m.a. FTSE100 7052 points.