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FTSE 100: More legs to the upside rally?

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 2, 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: Buy Signal, moving into overbought territory Daily Price Action Trend: Neutral Last relevant high: 6,153.8 Last relevant low: 5,845.5 Comment: The FTSE rallied yesterday as investors shrugged off generally disappointing economic data and concentrated on M&A activity. We have little to report technically but volume was at a solid level to suggest that this rally may have more legs, clearly all eyes

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