Indices and Stock Outlook: FTSE 100 leading indicator on the downside; Future for IOG, CBUY...

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The FTSE 100 is the leading indicator to the downside on the DAX and S&P 500, commented Zak Mir, technical analyst for Zak’s Traders Café, when he joined Nick Batsford on the Tip TV Finance Show to discuss the outlook for FTSE 100, DAX, S&P 500, NASDAQ, IOG, CBUY and 88E. In terms of the FTSE 100, Mir noted this as the major concern, as 6000 is normally psychological support for the market. This led him to the DAX, where he believed the index to be 1000 points higher than the FTSE

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