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FTSE 100: Upside likely in the beginning of 2016, daily charts remain on the positive side

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Choppy action expected in the FTSE 100 ahead, says Tim Young, Day Trader for Ayondo, as he shares the technical outlook for the equity market index in today’s Finance Show, along with Nick Batsford, CEO at Tip TV. Young starts by saying that he’s not as bullish as before on the FTSE 100 index, but isn’t bearish too. He expects the choppy price action on the index to continue ahead. FTSE daily chart Looking at the daily charts for the footsie index, Young says that the market sold off

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