London’s Benchmark Indices Traded Well Above 50-Day SMA

  • Oct 30, 2019 GMT
  • Team Kalkine
  • The broader gauges of the London Stock Exchange, the FTSE 100 and FTSE 250 traded well above their short support-level of 50-day Simple Moving Average Price (at the close as on October 29), Also, the Moving Average Convergence Divergence Oscillator hovered above the 9-day Exponential Moving Average (EMA), with 12-day EMA ending above 26-day EMA. The 14-day Relative Strength Index also ended the session in the neutral zone.

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