FTSE 100
We've had several 76.4% corrections in larger degree wave b's.
I think we have seen wave iii of a 5-wave move and should see a move up to around 6740 before the correction continues. The count is based upon ratios only.
76.4% wave b 6598
85.4% wave b 6563
Ian, thanks again for pointing out that the move up to 6895 was more likely wave a rather than wave iii.
We've had several 76.4% corrections in larger degree wave b's.
I think we have seen wave iii of a 5-wave move and should see a move up to around 6740 before the correction continues. The count is based upon ratios only.
76.4% wave b 6598
85.4% wave b 6563
Ian, thanks again for pointing out that the move up to 6895 was more likely wave a rather than wave iii.