Index of the 100 listed UK companies

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Potential BAT pattern on the 4h timeframe. In my opinion the equity market is gonna be overextended in the next couple of days so before break above the price might make a small correction

My last FTSE ideas were violated which means back to the drawing board! This new idea has the first wave completed with FTS now nearing the end of a ZIG-ZAG correction at the 61% fib. Alternatively this latest correction could be wave 4 of the decline since the top but I think this less likely. Either way I expect a fall soon in either wave 3 RED or Wave 5 ...

New highs again?!

First leg down completed, Let's see where this goes after it closes the gap.

I have labelled this monthly chart of FTSE which I hope clearly shows my reasoning as to why I believe the TOP is in and FTSE is heading down. This new chart replaces my previous long term FTSE charts and shows that the crash 2007-2008 was the start of a much bigger correction in the shape of an expanded FLAT which has just completed wave B and starting wave C ...

FTSE completed the flat as predicted BUT then created a zig-zag followed by a triangle in progress. This is a double three corrective wave which is nearly completed and should be followed by a sharp decline in wave 3. Good Luck

My last FTSE short term analysis was violated (wrong) and I must admit the wave structure from the TOP has been difficult to follow. However I am now pretty sure that the first 5 wave down is nearly complete as labelled on the chart. Wave 2 is a FLAT and wave 4 is a ZIG-ZAG satisfying the alternation guidelines. Wave 5 in progress may terminate at T1 7327 as a ...

lets see what will happen for uk stocks ...its a long time that i could not enter to them and only im in rolls royce

Oops I cannot count, this current FTSE wave structure is in fact a Triple Three and NOT a Double Three as shown in my earlier post. Good Luck

FSTE - Still up and down like a yo-yo! However it looks like FTSE trying to fill that gap opened up today with a running flat which if correct will mark the end of wave 2 and lead to a larger wave 3. Possible good trade ahead. Good Luck

Bat pattern on a daily time frame. In my opinion the move is downward in the mid-short term but I believe we may see some bullish moves pretty soon so thats why I am looking for a good long opportunity in the near future until then we are short on the European indices

FTSE has just completed B wave of A,B,C correction. Short term long trade to T1 or T2 possible. Good Luck.

waiting for market to go down or short

I have entered a position in TESLA>15.99 around the breakout of the previous highs and the hammer pattern. This trade encompasses some strong indicators for a temporary upside movement with the target being 345. This because it broke the trend line and it might top out and not get to the all time high. This is an intraday idea that drew my attention, especially ...

Buy blind.

Weekly chart Rejection at 5-MA followed by a break below weekly low of 7344 is likely to yield a pull back to 7290 (161.8% Fib ext.). A weekly close below 7290 would signal the index has topped out. Stops could be place above 7360 (very tight stop).

For those who missed yesterday's short trade... all is not lost. A bigger opportunity awaits us if the index ends the day below 7300. In that case, the sell-off could be extended to 7184 - 200-DMA.