London - FTSE (FTSE.NDX) - Close: 6 337.64 (+60.41), Nov 25, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Nov 25, 2015Analysis 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. It also gave positive signal from a rectangle formation at the break up through the resistance at 6023. Further rise to 7245 or more is signaled. The index has broken up through the resistance at points 6200. This predicts a further rise. The index is overall assessed as technically positive for the long term.

1 day-0.69%0.00+0.96%
5 days0.002.28%0.00+0.93%
22 days0.005.64%0.00-1.24%
66 days0.0010.17%0.00+7.44%
Trend 5%6105.85 - 7774.64
Double Bottom Pattern2015-01-22
Double Top Pattern2011-08-03


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