FTSE update

FTSE: Last updated January 14, 2019.

Red Wave-a looks complete and red wave-b is now underway, with likely it’s one-degree lower cousin, green wave-a, close to completion if not already completed and wave-b now underway to around 6750, from where wave-c will take hold. The grey wave-a, b show the anticipated path for green wave-c. Once red wave-b completes price will move lower to possible below the 2016 lows.