FTSE rally from February 27 low as an impulse, and dips should continue to find buyers. This article and video look at the Elliott Wave path.
In this technical blog we’re going to take a quick look at the Elliott Wave charts of FTSE index published in members area of the Elliottwave-Forecast . As our members know FTSE reached our target zone in the June cycle at 639.9-5231.02 area and found buyers. FTSE is another instrument that has given us nice rally from […]
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of FTSE published in members area of the website. As our members know, FTSE is giving us pull back, correcting the cycle from the March low. The price structure from the June 8th peak is incomplete at the […]
FTSE ended cycle from 8/12 high. The bounce has reached blue box area where sellers can appear for more downside or 3 waves pullback at least.
FTSE ended the cycle June 25 low as a double three structure. From there, the index has declined lower and resumed the correction from June 8 high.
FTSE shows a bullish Elliott Wave sequence from October 3, 2019 low favoring further upside. The rally from October 3 low is unfolding as a double three Elliott Wave structure. On the chart below, we can see wave ((w)) ended at 7431.94 and pullback in wave ((x)) ended at 7199.40. Internal structure of wave ((x)) […]