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FTSE 100: Sell signal on stochastic

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Momentum: MACD: Positive RSI: Neutral Stochastic: Sell signal Daily Price Action Trend: Neutral Last relevant high: 6,216.1 Last relevant low: 5,845.5 Comment: The FTSE railed slightly yesterday with positive UK economic data and a lift in oil prices encouraged traders back into the market. Due to the only slight moves in the market we have little technical change and the previous sell pattern remains. This pattern will remain in play assuming: 6,182.4 is not bettered without 6,101.9 being

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