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 London - FTSE (FTSE.NDX) - Close: 6 723.42 (-5.75), Nov 27, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Weak Positive Candidate -Long term, Nov 27, 2014Analysis Explanation
London - FTSE shows a strong development within a rising trend channel. A further positive development is indicated, and there is support against the floor of the trend channel. 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 is testing the resistance at points 6800, which may give a negative reaction. The index is overall assessed as technically slightly positive for the long term.

1 day-0.53%0.00-0.09%
5 days0.001.79%0.00+0.67%
22 days0.004.87%0.00+5.02%
66 days0.007.01%0.00-1.57%
Trend 5%5844.85 - 7452.79
Rectangle2014-10-01
Rectangle2013-01-02
Double Top Pattern2011-08-03


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