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 London - FTSE (FTSE.NDX) - Close: 6 453.87 (+51.70), Oct 29, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Neutral -Medium term, Oct 29, 2014Analysis Explanation
London - FTSE has broken the floor of the rising trend, which indicates a weaker initial rising rate. 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 marginally broken up through the resistance at points 6440. An established break predicts a further rise. The index is overall assessed as technically neutral for the medium long term.

1 day-0.54%0.00+0.81%
5 days0.001.81%0.00+0.85%
22 days0.004.92%0.00-2.90%
66 days0.007.17%0.00-4.92%
Trend 4%6619.79 - 7061.79
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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