FTSE 100: Yet to break its extreme range

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 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: No clear signal Daily Price Action Trend: Neutral Last relevant high: 6,216.1 Last relevant low: 5,845.5 Comment: The FTSE rallied Friday as oil moved higher dragging the commodity led London market with it. As the session’s range didn’t break the extremes of Thursday’s we have little technical change therefore the sell candle stick pattern remains in play assuming that by the close of trading: 6,203.4

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