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.
Kommentar
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FTSE is following my predicted path and this coming week I expect to see a major fall in intermediate wave (3). Good Luck
Kommentar
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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
Paul