FTSE - Channel Broken.

TVC:UKX   UK 100 Index
Updating my last FTSE chart which suggested a leading diagonal was taking shape.

This idea looks correct and the resulting minor wave correction to 2 blue was deep
at 76.8%.

Today FTSE has broken the upwards channel downwards and minor wave 3 blue is
in development. This wave will probably aim for the lower red channel at least.

Good Luck
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