Geofftv1

FTSE - Breathe Deeply!

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Geofftv1 Diupdate   
TVC:UKX   Indeks UK 100
FTSE has now been rejected by the major support line twice, hence I label Minor wave 2 blue complete. Minor wave 3 may take FTSE to 6402 127%fib OR
more likely 6150 61.8%fib. Good Luck.
Komentar:
FTSE is following my predicted path and this coming week I expect to see a major fall in intermediate wave (3). Good Luck

Komentar:
FTSE looks to be in the c wave of and a,b,c for minor wave 2 blue.
This wave may finish just above the open gap at 7250 where a=c.
Momentum is diverging and the c wave may take the form of a diagonal.
Good Luck

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