Geofftv1

FTSE - Update

Short
TVC:UKX   UK 100 Index
FTSE finally completed intermediate wave (2) black one wave higher than my previous posts.

Minor wave 1 blue is nearing completion and I have zoomed in to the 15 minute timescale
to check a more difficult EW structure.

If correct the current bounce is minor wave 4 blue taking the form of a FLAT
which should complete soon.

Minor wave 5 blue may take FTSE down to 7079 which is the start of the prior impulse wave.

Good Luck
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