Geofftv1

FTSE - Following predicted path.

Short
TVC:UKX   UK 100 Index
Update from my chart last weekend.

FTSE looks to have completed minor wave 4 blue and started its decent to complete minor
wave 5. Given that xmas is upon us and there is a lot of financial news next week I think
that wave 5 will be slow and yo-yo like, perhaps taking the form of an ending diagonal.

My target for wave 5 is somewhere in the highlighted green are.
Good Luck.
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