FTSE has now been rejected by the major support line twice, hence I label Minor wave 2 blue complete. Minor wave 3 may take FTSE to 6402 127%fib OR
more likely 6150 61.8%fib. Good Luck.
more likely 6150 61.8%fib. Good Luck.
Comment:
FTSE is following my predicted path and this coming week I expect to see a major fall in intermediate wave (3). Good Luck
Comment:
FTSE looks to be in the c wave of and a,b,c for minor wave 2 blue.
This wave may finish just above the open gap at 7250 where a=c.
Momentum is diverging and the c wave may take the form of a diagonal.
Good Luck
This wave may finish just above the open gap at 7250 where a=c.
Momentum is diverging and the c wave may take the form of a diagonal.
Good Luck