My last FTSE post illustrated a possible Horizontal Triangle complete pointing to a continuation of the corrective rally.
Today 11/29/16 the Horizontal Triangle was eliminated. It now appears that the corrective pattern is complete at 6880. and the next wave down has begun. If the wave count down from 6880 is correct the FTSE decline is about to accelerate.
Mark
Today 11/29/16 the Horizontal Triangle was eliminated. It now appears that the corrective pattern is complete at 6880. and the next wave down has begun. If the wave count down from 6880 is correct the FTSE decline is about to accelerate.
Mark