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 London - FTSE (FTSE.NDX) Close: 7 447.79 (-24.92), Jun 21, 2017

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Positive Candidate -Long term, Jun 21, 2017Analysis Explanation
London - FTSE is in a rising trend and a continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. Has risen strongly since the positive signal from a inverse head and shoulders formation at the break through the resistance at 6397. The objective at 7425 is now met, but the formation still gives a signal in the same direction. The index has support at points 7100. The index is overall assessed as technically positive for the long term.

1 day-0.68%0.00-0.33%
5 days0.002.29%0.00-0.36%
22 days0.005.51%0.00-0.31%
66 days0.009.95%0.00+1.07%
Trend 22%7287.85 - 8243.29
Inverse Head and Shoulders 2016-06-30
Head and Shoulders Pattern2015-08-21
Rectangle2014-10-01

 


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