My previous long term chart was violated by the FTSE rising above 7600. This new chart portrays FTSE in a large expanded Flat correction starting in 2007.
Currently wave b is nearly complete possibly at around 7750 where wave c = (1.618 wave a) of FLAT wave b.
If correct FTSE will then start a prolonged bear market to at least 3280. Good Luck
Currently wave b is nearly complete possibly at around 7750 where wave c = (1.618 wave a) of FLAT wave b.
If correct FTSE will then start a prolonged bear market to at least 3280. Good Luck
Comment:
Wave C Circle is nearly complete and looks to be finishing in a typical ED. When complete wave 4 Circle will start and trace out a further A,B,C.
Comment:
Hi All
If I am correct the ED structure is complete, see chart below. If move above 7780 some other structure is in place!! Good Luck.
If I am correct the ED structure is complete, see chart below. If move above 7780 some other structure is in place!! Good Luck.