FTSE - 30 year Chart.

TVC:UKX   英国富时100指数
125 5
This chart idea has FTSE finishing a truncated 5th wave in 2007 and the 2008 crash being wave A of an expanded FLAT with wave B finishing at 1.272 wave A (common ratio)
in July 2017 around 7600. If correct FTSE is now starting wave C which will be a 5 wave impulse down finishing below the start of wave A !! Note the continuing divergence in RSI .
I hope I am wrong on this (my pension is in FTSE ) but after many months examining the UK & US charts along with noting the EW theory put forward by Robert Prechter (EW International)
this year may mark the start of a major decline.
Good Luck.
Good analysis..... personally I have gone cash where I can.... are you now short? What level?
Geofftv1 VishalShah9
@VishalShah9, yes, I am now short from 7495.
VishalShah9 Geofftv1
@Geofftv1, good entry point.... although defying gravity this and the rest of the indices! Just too many stubborn bulls out there....

Personally, I still believe 7600 was the top. I know you where questioning last time around. But with GBP/USD free falling, I am not too sure.
Geofftv1 VishalShah9
@VishalShah9, Yes, I think 7600 was also the top and although I note that GBP/USD does have an effect I think the US indices will have a much bigger effect when they
turn. I subscribe to EWI and they believe the top in the US indices is very,very close if not there already!
Thank you Geoff,
I have personally gone mostly into cash at this time, I figure an 8 year Bull Market run is pretty long by historical standards.
Of course it may continue longer but I'm happy to wait for a better buying opportunity.

ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出