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 London - FTSE (FTSE.NDX) - Close: 6 911.80 (-49.34), Mar 6, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Mar 6, 2015Analysis Explanation
London - FTSE is within a rising trend, which indicates a continued growth. It also gave positive signal from a double bottom formation at the break up through the resistance at 6751. Further rise to 7313 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-0.53%0.00-0.71%
5 days0.001.78%0.00-0.50%
22 days0.004.80%0.00+0.75%
66 days0.007.36%0.00+3.84%
Trend 7%6279.11 - 8195.77
Double Bottom Pattern2015-01-22
Rectangle2014-10-01
Rectangle2013-01-02
Double Top Pattern2011-08-03

 


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