Geofftv1
Short

FTSE - EOY Update:

TVC:UKX   UK 100 Index
FTSE hit and bounced off the upper blue trendline in what may be the end of wave D circle
with strong momentum divergence.

If correct wave E circle is now underway and the new year may see a few weeks of falls.

I wish all my fellow contributors and followers a very happy and prosperous new year.
All sub waves up and down since all - time high have been choppy. A Horizontal Triangle in development is the most logical explanation,
Good post.

Mark
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Geofftv1 markrivest
@markrivest, Thanks Mark,
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Happy New Year Geoff!
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