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 London - FTSE (FTSE.NDX) - Close: 6 194.10 (+110.79), Sep 3, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Negative Candidate -Medium term, Sep 3, 2015Analysis Explanation
London - FTSE has broken down from an approximate horizontal trend. This signals a continued weak development, and the index now meets resistance on possible reactions up towards the floor of the trend channel. The index is testing the resistance at points 6200. This should give a negative reaction, but an upward breakthough of points 6200 means a positive signal. The index is assessed as technically negative for the medium long term.

1 day-0.63%0.00+1.82%
5 days0.002.12%0.00+3.59%
22 days0.005.04%0.00-7.39%
66 days0.008.46%0.00-10.60%
Trend 0%6199.26 - 7113.48
Moving average2015-06-17
Long Term Trading Range2015-06-04
Double Top Pattern2015-06-04
Short Term Trading Range2015-04-29
Double Bottom Pattern2015-01-22
Rectangle2014-10-01
Rectangle2014-06-13

 


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