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FTSE 100: Monthly outlook remains bearish

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 1, 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: Buy Signal, moving into overbought territory Daily Price Action Trend: Neutral Last relevant high: 6,115.4 Last relevant low: 5,845.5 Comment: The FTSE finished flat yesterday recovering from an early fall. Clearly deflation, possible additional QE and concerns from China will remain at the forefront of traders’ minds as we move in March. As a whole the FTSE finished slightly higher for February after

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