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 London - FTSE (FTSE.NDX) - Close: 6 336.48 (+4.65), Dec 17, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Weak Negative Candidate -Medium term, Dec 17, 2014Analysis Explanation
London - FTSE has fallen back towards the floor of an approximate horizontal trend channel. A continued development within the trend channel may be expected and the current price level may be a good entry price. Has met the objective at 6241 after the break of a rectangle formation. The price has now risen again, but the formation indicates a further fall. The index has resistance at points 6440. The index is overall assessed as technically slightly negative for the medium long term.

1 day-0.54%0.00+0.07%
5 days0.001.81%0.00-2.52%
22 days0.004.69%0.00-5.03%
66 days0.006.92%0.00-6.71%
Trend 0%6205.20 - 6914.40
Moving average2014-10-01
Long Term Trading Range2014-10-01
Rectangle2014-10-01
Short Term Trading Range2014-09-22
Rectangle2014-06-13
Double Top Pattern2014-06-13
Rectangle2013-10-18


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