London - FTSE (FTSE.NDX) - Close: 6 837.92 (+18.63), Sep 19, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Neutral -Medium term, Sep 19, 2014Analysis Explanation
London - FTSE shows a strong development within a rising trend channel. A further positive development is indicated, and there is support against the floor of the trend channel. Is moving within a rectangle formation between support at 6599 and resistance at 6969. A decisive break through one of these levels indicates the new direction for the index. The index is approaching the resistance at points 6870, 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-0.52%0.00+0.27%
5 days0.001.76%0.00+0.45%
22 days0.004.73%0.00+0.86%
66 days0.007.48%0.00+0.88%
Trend 4%6599.85 - 7039.82
Long Term Trading Range2014-08-26
Short Term Trading Range2014-08-26
Moving average2014-08-12
Double Top Pattern2014-06-13

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