FTSE 100
The FTSE has finally put in a 14-year high.
I'm just wondering if the latest move up could complete the blue wave count.
The yellow area would need to be a 5-wave move. The problem is between purple wave ii and wave iii, it could be another expanded flat wave b.
A break below 6706 would break the green wave count, overlap of i and iv, and probably confirm the end of the blue wave count.
The FTSE has finally put in a 14-year high.
I'm just wondering if the latest move up could complete the blue wave count.
The yellow area would need to be a 5-wave move. The problem is between purple wave ii and wave iii, it could be another expanded flat wave b.
A break below 6706 would break the green wave count, overlap of i and iv, and probably confirm the end of the blue wave count.