London - FTSE (FTSE.NDX) - Close: 6 902.23 (+122.39), Dec 7, 2016

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Positive Candidate -Long term, Dec 7, 2016Analysis Explanation
London - FTSE is within a rising trend. Continued positive development within the trend channel is indicated. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 6397. Further rise to 7425 or more is signaled. The index has marginally broken up through the resistance at points 6860. An established break predicts a further rise. The index is overall assessed as technically positive for the long term.

1 day-0.85%0.00+1.81%
5 days0.002.80%0.00+1.75%
22 days0.006.80%0.00+1.40%
66 days0.0012.58%0.00+1.12%
Trend 2%5657.22 - 7501.80
Inverse Head and Shoulders 2016-06-30
Head and Shoulders Pattern2015-08-21


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