markrivest

FTSE 100 Bullish for 11/14/16

Long
TVC:UKX   UK 100 Index
3
The FTSE appears to have completed or is close to completing a five wave Elliott pattern from the high made on 11/10/16. Both 15 minute RSI and MACD have bullish divergences. Price on 11/11/16 came into the area of the 11/9/16 micro crash bottom.

Mark

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.