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FTSE 100: A sell below 6125

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 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: Positive RSI: Neutral Stochastic: Sell signal, in overbought territory Daily Price Action Trend: Neutral Last relevant high: 6,216.1 Last relevant low: 5,845.5 Comment: The FTSE slightly lower yesterday, technically we had an unusual situation where the market’s range bettered and broke the previous day’s session. This simply highlights uncertainty in the market as oil prices rallied were balanced out by caution ahead of the ECB

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