My last FTSE short term analysis was violated (wrong) and I must admit the wave structure from the TOP has been difficult to follow. However I am now pretty sure that the first 5 wave down is nearly complete as labelled on the chart. Wave 2 is a FLAT and wave 4 is a ZIG-ZAG satisfying the alternation guidelines. Wave 5 in progress may terminate at T1 7327 as a truncated 5th OR move on down to 7260 which has a strong support line and where Wave 5 = 0.618(wave1-3)
Good Luck.
Good Luck.