Index of the 100 listed UK companies

FTSE 100 continues its bearish short term feel at the moment and retracing into a key pocket of price between 7300 - 7400. The fundamentals aren't great, but this could be the zone where it re-builds for a further push upward? A break below the 7300 then 7100 then 7000 comes on the radar as the next 'buffer zone'.

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Here is my 4hour FTSE idea for the coming near future. It is clear that whilst the US indices continue to show strength the FTSE is reluctant to fall! However I believe the coming week or so should see some decisive action one way or the other! At present it looks like FTSE is correcting in wave 2 and will probably reach the fib 78% level before starting ...

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 ...

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 ...

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

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 ...

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New highs again?!

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

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

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

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

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 ...

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

Buy blind.