Geofftv1

FTSE Update:

TVC:UKX   UK 100 Index
Well, FTSE still seems to be correcting the previous impulse down and the correction now looks like
a DZZ, W,X,Y.

At 7374 FTSE will reach the 50% fib point and Y will be 1.618 *W which is a common ratio.

Momentum is still diverging and showing weakness.

Good Luck
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