FTSE 100: Awaiting a range break

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Momentum: MACD: Positive RSI: Neutral Stochastic: Buy signal Daily Price Action Trend: Neutral Last relevant high: 6,216.1 Last relevant low: 5,845.5 Comment: The FTSE finished higher in a lower volume session Monday in spite of weak data from China and a pullback in oil prices. Technically we have little change with the market still remaining in the range set on the 10th. We do note that the stochastic has now formed a buy signal. But until we break out of the 6,216.1 – 6,036.7 the market is

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