FTSE 100: Daily price trend remains negative

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FTSE 100: Daily chart Momentum: MACD: Negative RSI: No clear trend Stochastic: Buy signal Daily Price Action Trend: Negative Last relevant high: 5,945.9 Last relevant low: 5,499.5 Comment: The FTSE rallied yesterday, but with the US closed volume was noticeably on the light side. Technically we have little change, the FTSE remains in a daily down trend and will do unless a higher high is formed or a higher low is formed. Bearish traders will be looking for the market to turn negative before

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