London - FTSE (FTSE.NDX) - Close: 6 374.82 (+38.47), Oct 8, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Oct 8, 2015Analysis 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 7250 or more is signaled. The index has support at points 6200 and resistance at points 6870. The index is overall assessed as technically positive for the long term.

1 day-0.67%0.00+0.61%
5 days0.002.23%0.00+4.98%
22 days0.005.37%0.00+3.72%
66 days0.009.25%0.00-0.89%
Trend 7%6542.97 - 8540.17
Double Bottom Pattern2015-01-22
Double Top Pattern2011-08-03


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