“The FTSE 100 is heading higher”, says Tim Young, Day Trader at Ayondo, as he joins the Tip TV Finance Show to offer the technical view on the UK market equity index, along with Zak Mir, Technical Analyst at Zak’s Traders Cafe.
Highlights:
“FTSE 100 - July high - Old resistance has become new support.”
“Prefer to wait for a pullback and go long in the current situation.”
“Chart looks bullish ..FTSE100 heading higher, if we get to 6800 we would have a real shot at 7000.”