Geofftv1

FTSE - 4 Hour Chart:

Geofftv1 Aggiornato   
TVC:UKX   Indice UK 100
Here is my 4hour FTSE idea for the coming near future. It is clear that whilst the US indices continue to show strength the FTSE is reluctant to fall!
However I believe the coming week or so should see some decisive action one way or the other!
At present it looks like FTSE is correcting in wave 2 and will probably reach the fib 78% level before starting intermediate wave 3 down.
Good Luck
Commento:
Commento:
Commento:
Looks like FTSE may be creating a FLAT structure to correct the first wave I, this makes sense given the very strong DOW which is still rising!!
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