FTSE100 - Indices Trading | Elliott Wave Structures | Q2 2019

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FTSE100 - Elliott Wave Outlook

Bearish Swings - Patterns:
Flat Structure in Cycle Wave IV (green)
Primary A (turquoise) - Simple Correction
Primary B (turquoise) - Complex Flat
Primary C (turquoise) - Bearish Extension

Bullish Swings - Patterns:
Leading Diagonal in Intermediate (A) (blue)

Next expected swing:
Bearish sequence in Intermediate (B) (blue)

Structure change:
Breach of the lower trend-line could lead towards Intermediate (B) (blue) already in play.
Nota
Minor B (orange) forming a Running Flat for FTSE100 (UKX)
syot kilat
Nota
SELL @ 7440.00 with SL @ 7600.00 and TP @ 6920.00
syot kilat
Nota
FTSE100 still Bearish.
syot kilat
Dagangan ditutup: sasaran tercapai
Target Reached!

Awaiting the bullish sequence.

syot kilat
Nota
Do you like this drop?
syot kilat
Nota
FTSE100 correction about to complete. Significant chances it could bump its head into the channel trend-line and then continue for one more sell-off.
syot kilat
ftse100ftse100shortfuturesHarmonic PatternsIndicesTrend AnalysisUK100 CFDuk100shortFTSE 100 IndexWave Analysis

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