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 London - FTSE (FTSE.NDX) - Close: 6 504.33 (+144.27), Jun 30, 2016

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Positive Candidate -Long term, Jun 30, 2016Analysis Explanation
London - FTSE is within a rising trend, which indicates a continued growth. Has broken the resistance at 6397 of an an inverse head and shoulders formation. Decisive breaks of such formations are considered strong signals of further rise. The index has marginally broken up through the resistance at points 6450. An established break predicts a further rise. The index is overall assessed as technically positive for the long term.

1 day-0.89%0.00+2.27%
5 days0.002.91%0.00+2.62%
22 days0.006.50%0.00+4.39%
66 days0.0011.57%0.00+6.52%
Trend 2%5591.88 - 7415.15
Inverse Head and Shoulders 2016-06-30
Head and Shoulders Pattern2015-08-21
Rectangle2014-10-01

 


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