We have Bearish BAT setup on FTSE 100 (UK) weekly chart.
If my wave counts are correct we are in the corrective wave (b). It's a weekly chart so it's not exactly a trade setup.
It looks like it can take some serious correction ahead.
Recently TATAMOTORS have just respected the 2.0 retracement of BC-leg, while in the journey of CD leg. As per the definition CD leg can be 1.618 - 2.24 BC.