Updating my chart from 20th August which saw FTSE starting and A,B,C correction after completing minor wave 1 blue.
The B wave of this correction was very deep and complex but the C wave may now be nearing completion with the upper channel trendline at 7260 Or the fib 38% retrace at 7290 being possible targets.
If correct FTSE will once again fall (perhaps hard) after this latest correction.