London - FTSE (FTSE.NDX) - Close: 6 372.33 (+105.26), Oct 21, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Oct 21, 2014Analysis Explanation
London - FTSE has broken the floor of the rising trend, which indicates a weaker initial rising rate. Has given positive signal from a rectangle formation by a break up through the resistance at 6023. Further rise to 7259 or more is signaled. The index has support at points 6000 and resistance at points 6800. The RSI curve shows a falling trend, which could be an early signal for the start of a falling trend. The index is overall assessed as technically positive for the long term.

1 day-0.55%0.00+1.68%
5 days0.001.82%0.00-0.32%
22 days0.004.87%0.00-6.81%
66 days0.007.21%0.00-5.59%
Trend 9%6566.54 - 7804.81
Double Top Pattern2011-08-03

Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here The content provided by is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.