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FTSE 100 remains in a negative trend

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE 100 - Technical Daily Chart Momentum: MACD: Positive 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 kept its rally going yesterday making it a hat-trick of positive session. From a technical point of view we have a new buy signal on the MACD, but traders should note this is the most lagging of our momentum indicators. We must also highlight that volume wasn’t inspiring yesterday,

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