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Analyticssage

UKX, FTSE100 Elliott wave analysis for week starting 24.08.2020

Indeks UK 100 (TVC:UKX)  
Analyticssage Diupdate   
TVC:UKX   Indeks UK 100
Wave Analysis ftse100 FTSE 100 Index
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waveanalysis ftse100 ukx
I am still expecting a correction, I am not gonna trade this
I will count the waves lives for this week under this post but I am not gonna open a position until I see a clear sell
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lower time frame
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this structure can have different valid counts
this is the one I am considering fro now but other counts are also valid
I recommend waiting for a little more
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so the uptrend as expected
as I said there are couple of scenarios, I need to see more wave unfolding
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I think we need to wait more for the correction to unfold
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Watch what will happen in the box
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I opened a long position my self just now
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all shows a bullish count I am still long
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Analyticssage
FTSE100 , Elliott wave count for next week, 14.08.2020
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