HI, My own EW count for FTSE is different from yours in that I believe the top has already been made and
the current cycle is part of a much larger fall. See below.
AbdAnalysis
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@Geofftv1, Ah okay , but do you think that the five waves down are a motive wave in the higher degree (leading diagonal)
Geofftv1
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@AbdAnalysis, take a look at my 1-day chart of jul12th to see my bigger picture of ftse, of course I may be wrong though!
AbdAnalysis
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@Geofftv1, i've seen it , i think that the wave Y is too small in time and price compared with the wave W
Geofftv1
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@AbdAnalysis, Maybe, but I have seen this many times before with FTSE, lets see what happens, with the US markets
toping out I think we will find out soon! Good Luck.
AbdAnalysis
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@Geofftv1, thank you and as you said we gonna find out soon Good luck you too ^^
AbdAnalysis
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@Geofftv1, Congrats bro you've been right it's a leading diagonal
Geofftv1
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@AbdAnalysis, Thanks, diagonals are not always textbook and easy to spot.
the current cycle is part of a much larger fall. See below.