London - FTSE (FTSE.NDX) - Close: 7 070.70 (+17.03), Apr 24, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Apr 24, 2015Analysis Explanation
London - FTSE is within a rising trend. Continued positive development within the trend channel is indicated. It also gave positive signal from a rectangle formation at the break up through the resistance at 6023. Further rise to 7259 or more is signaled. The index has broken up through the resistance at points 6860. This predicts a further rise. The index is overall assessed as technically positive for the long term.

1 day-0.54%0.00+0.24%
5 days0.001.88%0.00+1.09%
22 days0.004.83%0.00+0.47%
66 days0.007.77%0.00+6.81%
Trend 7%6336.62 - 8270.83
Double Bottom Pattern2015-01-22
Double Top Pattern2011-08-03


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