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FTSE 100 – Price action pointing higher

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE 100 Technical Analysis: Daily Chart Momentum: MACD: Buy RSI: No clear trend Stochastic: Buy signal, in overbought territory Daily Price Action Trend: Neutral Last relevant high: 6,362.9 Last relevant low: 6,061.9 Comment: The FSTE rallied strongly yesterday closing at the top of the session and forming a new high for the calendar year. We were looking for a convincing break out of the recent range and there is little doubt that we have that now! A strong move up on better than average

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