My previous charts have suggested FTSE has been creating a leading diagonal for some months now.
The overlapping choppy nature of the wave structure has made it difficult to trade!
If correct I believe this diagonal is now complete and wave A of an A,B,C correction has recently occurred.
If FTSE falls below the terminating wave (E) a much larger fall is likely.
Good Luck
The overlapping choppy nature of the wave structure has made it difficult to trade!
If correct I believe this diagonal is now complete and wave A of an A,B,C correction has recently occurred.
If FTSE falls below the terminating wave (E) a much larger fall is likely.
Good Luck