FTSE - Update

TVC:UKX   UK 100 Index
FTSE has been all over the place but has now broken below its recent channel and the longer term upwards trendline .
If correct the recent up/down series was a flat and the current fall could be minor wave 3 blue which would take FTSE
down to the 7000 area.

Good Luck
Watch the DEU30, it looks like it could make a new all - time high soon.
Bullish Percent Index for SPX continues to be bullish and implies several more weeks of a rally for US stocks.

Geofftv1 markrivest
@markrivest, Thanks for comments, FTSE often leads the decline.
I have given up trying to find the top in US stocks but am watching keenly for a short entry
at some time!!
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