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 London - FTSE (FTSE.NDX) - Close: 6 388.73 (-30.42), Oct 24, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Oct 24, 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-0.54%0.00-0.47%
5 days0.001.82%0.00+1.24%
22 days0.004.90%0.00-4.74%
66 days0.007.19%0.00-6.02%
Trend 9%6515.43 - 7771.97
Rectangle2014-10-01
Rectangle2013-01-02
Double Top Pattern2011-08-03


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