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FTSE 100 – Waiting for a clear picture

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE 100 Technical Analysis: Daily Chart Momentum: MACD: Positive RSI: Neutral Stochastic: Sell signal Daily Price Action Trend: Neutral Last relevant high: 6,237.0 Last relevant low: 5,845.5 Comment: The FTSE closed slightly lower again yesterday in an easily to forget session which saw light volume and not much movement. It is hard to comment on such a shallow move and even though the market did form a sell pattern it could be so easily reversed in today’s session it would be hard to justify

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