FTSE 100 – Bearish Signs

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FTSE 100 Technical Analysis - Daily Chart Momentum: MACD: Sell RSI: Negative trend forming Stochastic: Sell signal Daily Price Action Trend: Neutral Last relevant high: 6,237.0 Last relevant low: 5,845.5 Comment: The FTSE fell yesterday as a mixed bag of economic data spooked investors. Technically we note that we have two bearish signs from our momentum indicators and we would expect the RSI to follow if we have any more declines during today’s session. The market does still remain trading in

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