FTSE 250 - a bullish count

Pembelian

ISHARES PLC ISHARES FTSE 250 UCITS ETF GBP (DIST) (LSE:MIDD)

LSE:MIDD ISHARES PLC ISHARES FTSE 250 UCITS ETF GBP (DIST)

Lots of doom and gloom out there at the moment but here is a bullish count for the mid range stocks from the FTSE UK. It suggests that once the correction is over (it might be already) then we could see a final move up to complete a 5th wave up. The bearish alternative (that I haven't put on this chart) is that the move up from 2020 was an abc B wave and we could now expect a devastating C wave down. Personally, I like the bullish count.

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