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FTSE 100 – Waiting for an opportunity

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE 100 Daily Technical Chart Momentum: MACD: Sell RSI: No clear trend Stochastic: Buy signal Daily Price Action Trend: Neutral Last relevant high: 6,237.0 Last relevant low: 5,845.5 Comment: The FTSE closed marginally lower yesterday after flirting with highs for the calendar year, in a day that was generally light on news and traders could have been being cautious ahead of the inflation figures due today. As we can see from the graph the market is at the top of its current range, but we are

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