Sometimes the EW pattern shown by the ETF that tracks the FTSE100 is clearer than the UKX chart.
This chart of the ISF ETF shows my current idea on the FTSE100 which I believe has completed a very long
ending diagonal from 2009 at wave (5).
The 2009 trend line has been broken and then retraced back below it.
The final impulse leading up to (5) was difficult to...
This chart is based on the Gann-box.
I saw this patern on a day-graph of the FTSE100.
When the chart reach >0.75 we seek a parbolic arc that pedicated a drop.
On this moment the same is happening.
After this correction the markt will follow an upwards trend.