ScottCoyle
Long

Where is the FTSE heading?

TVC:UKX   UK 100 Index
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I would personally say a buy is coming for the FTSE as you can see from my chart. The last few previous candles have been bullish signs so I am hoping we will break and firstly have confirmation over the monthky resistance line.
It will be really curious to watch what will happen to the FTSE 100 share index in the coming days especially after Brexit final result in October. Currently, we have seen lots of ups and downs due to Brexit in the UK economy resulting in the downfall of many sectors such as the Automotive Industry, the Pharmaceutical Industry, the financial industry sector part of technology stocks the UK etc. No doubt it is now a buy-buy situation but later on, we have to watch what will happen to the economy.
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