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 London - FTSE (FTSE.NDX) - Close: 6 895.33 (-95.64), Mar 26, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Mar 26, 2015Analysis Explanation
London - FTSE shows a strong development within a rising trend channel. A further positive development is indicated, and there is support against the floor of the trend channel. 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 is testing the support at points 6840. This should give a positive reaction, but a downward breakthrough of points 6840 means a negative signal. The index is overall assessed as technically positive for the long term.

1 day-0.53%0.00-1.37%
5 days0.001.82%0.00-0.96%
22 days0.004.83%0.00-0.78%
66 days0.007.58%0.00+5.35%
Trend 7%6303.45 - 8227.53
Double Bottom Pattern2015-01-22
Rectangle2014-10-01
Rectangle2013-01-02
Double Top Pattern2011-08-03

 


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