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)) […]
Elliott Wave View: Impulsive Rally in FTSE Favors Upside
Elliott Wave view suggests FTSE ended a double three correction in wave ((ii)) on July 25 low (7464.50). We can see from the chart below the internal of wave ((ii)) as a double three. Wave (w) ended at 7475.49, wave (x) ended at 7598.60, and wave (y) of ((ii)) ended at 7464.50. After ending wave […]
Elliott Wave View: Short Term Support in FTSE
FTSE shows incomplete sequence from May 13 low & can see further upside in the shorter cycle.This article & video shows the short term Elliott Wave path.
Elliott Wave View: Further Strength in FTSE
FTSE cycle from February 28, 2019 low remains in progress as 5 waves. This article and video explains the short term Elliottwave path.
Elliott Wave View Suggest FTSE Close To Reaching Extreme
FTSE short-term Elliott wave view suggests that the cycle from 12/27/2018 low is unfolding as elliott wave zigzag structure & soon should be reaching its extreme area at 7191.16-7473.95 expecting more downside or 3 wave reaction lower at least.
FTSE Found Buyers In Blue Box And Rallied
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of FTSE. FTSE was correcting the cycle from the 6530.6 low,when the pull back was unfolding as Elliott Wave FLAT pattern. We expected FTSE to trade higher due to 5 waves rally in the cycle from […]
