Geofftv1

FTSE - Update

TVC:UKX   UK 100 Index
Wow, wave (3) has really soared downwards and may not be finished yet, but as it has reached
the major low back in 2016 this is a possibility?

4 years of gains erased in just a few weeks!!

At present wave (3) has reached 300 % wave (1) but may extend further? if not wave (4) will
retrace for a while before wave 5 takes FTSE below the 2016 major low around 5490.

Good Luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.