Geofftv1

FTSE - What next?

TVC:UKX   UK 100 Index
Well, FTSE reached my predicted target last week in the highlighted green zone and
has now reached an area of significant resistance on its way down.

Looking at RSI & Momentum one can see clear divergence and I have marked the
current low as intermediate wave (1) black.

I expect a small bounce in wave wave (2) which may start very soon given end
of 2018 is approaching fast , perhaps to the fib 23 or 38% levels.

Good Luck
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