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 London - FTSE (FTSE.NDX) - Close: 6 821.46 (+23.31), Jul 24, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Neutral -Medium term, Jul 24, 2014Analysis Explanation
London - FTSE is within a rising trend. Continued positive development within the trend channel is indicated. Is moving within a rectangle formation between support at 6690 and resistance at 6929. A decisive break through one of these levels indicates the new direction for the index. The index is approaching the resistance at points 6860, which may give a negative reaction. The RSI curve shows a rising trend, which supports the positive trend. The index is overall assessed as technically neutral for the medium long term.

1 day-0.54%0.00+0.34%
5 days0.001.79%0.00+1.23%
22 days0.004.76%0.00+0.51%
66 days0.007.84%0.00+2.96%
Trend 5%6373.27 - 7263.05
Short Term Trading Range2014-07-09
Rectangle2014-06-13
Double Top Pattern2014-06-13
Moving average2014-05-08
Long Term Trading Range2013-10-21
Rectangle2013-10-18
Rectangle2013-03-07


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