Major Market Forecast – FTSE100, DAX30, S&P500 – IG

Caution and not panic is the watchword, suggests Josh Mahony, Analyst at IG markets while discussing the outlook for major equity indices – FTSE100, DAX30 and S&P500.

All three indices could come under pressure ahead of the December FOMC meeting, where the policymakers are seen voting in favor of a rate hike. Mahony explains the action on multiple time frames, the conclusion being there is very little room for continuation of the uptrend in all three major indices. He is joined by Alessio Rastani from Leadingtrader.com and Tip TV’s Zak Mir.