FTSE100: Expecting a spike on Yellen speech – Ayondo

Tim Young, day trader from Ayondo, whose forte is day trading the FTSE100 market talks to Tip TV’s zak Mir about the broader trend in the UK’s mining heavy index and the possible reaction to Yellen speech at Jackson Hole Symposium later today.

Young discusses multiple time frames of FTSE100 chart and suggests the overall trend remains bullish despite the drift lower this week. Day traders need to watch this segment as Young explains FTSE100 chart and concludes that a spike is likely once Yellen’s comments hit the wires.