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Geofftv1

FTSE - 1Hr Chart

Short
UK 100 Index (TVC:UKX)  
Geofftv1 Mis à jour   
TVC:UKX   UK 100 Index
Trend Analysis Chart Patterns Wave Analysis
5
10
trendanalysis chartpattern waveanalysis
In my view FTSE completed the Supercycle Top at around 7800. FTSE has now smashed downwards through the major support line and
rebounded to hit strong resistance back at that major support line. If correct we are in wave 4 of the first 5 wave down which may complete at around 7100.
Good Luck
Commentaire:
FTSE completed intermediate wave (1) at 7075 and should now bounce in wave(2) to at least 7348 38%fib. Good Luck

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