Last weekend I suggested that the diagonal that had formed was more likely a leading than ending diagonal
and events since then have clarified this.
Minor wave 3 Blue may have finished at the red support line with minor wave 4 also complete yesterday.
If correct FTSE will fall to perhaps the second support line at 6618 where intermediate wave 5 would
equal wave 3.
FTSE has certainly provided an early xmas present for those that have followed this first wave down since June.!
Good Luck
and events since then have clarified this.
Minor wave 3 Blue may have finished at the red support line with minor wave 4 also complete yesterday.
If correct FTSE will fall to perhaps the second support line at 6618 where intermediate wave 5 would
equal wave 3.
FTSE has certainly provided an early xmas present for those that have followed this first wave down since June.!
Good Luck