Geofftv1

FTSE - Still not finished falling.

Short
TVC:UKX   UK 100 Index
The EW structure of FTSE since the ATH has been tricky to follow BUT if my wavecount is correct
FTSE still has a fall ahead to around 6425 which is the 61.8% retrace of the previous rise.

At present FTSE looks to have completed an expanded flat for intermediate wave (4) black and
has started Intermediate wave (5) black down.

Good Luck
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