Tim Young – a day trader at Ayondo – spoke to Nick Batsford on Tip TV about how he remains bullish on the FTSE 100.
Using stochastics and other forms of technical analysis, Young is confident that bullish return of value to the FTSE 100 is a positive indicator of things to come. He believes that if it can find a fundamental catalyst to keep it above 6200, then the FTSE may finish the year closer to previously yearly highs.