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WPP PLC (WPP - LSE) - Impulse wave down

Short
LSE:WPP   WPP PLC ORD GBP0.10
WPP PLC (WPP - LSE) is in 5th wave of C down in Daily time frame. 4th wave was complex, which was already over and 5th down started with high volume. Wave 1 was taken support on trend line & horizontal support line. Once it broken, the price will down faster, which is confirmation of this trade. It is also under-performer to the FTSE 100 index.

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