TradingView
AndyCuckoo
Nov 6, 2023 7:08 PM

FTSE Elliott Wave Analysis for Tuesday 07/11/2023 (+ Higher TF) 

UK 100OANDA

Description

The FTSE is giving us very corrective and sideways price action. It is difficult to come up with a reliable forecast. The sideways price action fits in a bullish as well as a bearish scenario.
Comments
danstarr
Hi Andy. Glad to see you back. Hope you have been well. My bias is buys for now unless we get a break below 7200 on the higher timeframe. Then I'd consider some short term sells to 6700. Good day!
AndyCuckoo
@danstarr, thanks for sharing. Yeah, seems like a plausible scenario. And I'm good, thanks!
More