Geofftv1

FTSE - Still in limbo!

TVC:UKX   UK 100 Index
Since may last update FTSE has chopped up and down like a yoyo with no clear direction.

Given that the recent waveform does not appear impulsive and is full of overlaps my
best guess is that this is a corrective wave and there is one more leg up to go.

The 61% fib at 7273 and the 78% fib at 7347 are likely targets.

Good Luck.
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