London - FTSE (FTSE.NDX) - Close: 6 622.72 (-23.88), Sep 30, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Neutral -Medium term, Sep 30, 2014Analysis Explanation
London - FTSE is in a rising trend and a continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. Is moving within a rectangle formation between support at 6607 and resistance at 6886. A decisive break through one of these levels indicates the new direction for the index. Gave a negative signal from a rectangle formation by the break down through the support at 6668. Further fall to 6287 or lower is signaled. The index is between the support at points 6570 and the resistance at points 6680. A definitive break through of one of these levels predicts the new direction. The index is overall assessed as technically neutral for the medium long term.

1 day-0.52%0.00-0.36%
5 days0.001.77%0.00-0.80%
22 days0.004.72%0.00-2.89%
66 days0.007.38%0.00-2.00%
Trend 4%6597.09 - 7037.57
Moving average2014-09-23
Short Term Trading Range2014-09-22
Long Term Trading Range2014-08-26
Double Top Pattern2014-06-13

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