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FTSE 100 – Some technical change, but still stuck in range

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Momentum: MACD: Sell RSI: Neutral Stochastic: No clear signal Daily Price Action Trend: Neutral Last relevant high: 6,237.0 Last relevant low: 5,845.5 Comment: The FTSE rallied yesterday as surprise surprise oil gained, but the lift was also helped by dovish comments from Janet Yellen across the pond. I would like to say that we have some great technical change, but unfortunately we remain stuck in the same sideways move the market has been in since the start of the month, hopefully today

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