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FTSE 100 Technical Chart and Analysis 19th December 2017
Currently, FTSE 100 has registered a higher high which indicates that the trend still remains strong. If the increase continues, the likely target will be at 7586.7. However, a correction will be limited at 7459.1 (50-DMA). The MACD has continued to move up and the Stochastic Oscillator has generated a buy signal, supporting a positive view.