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 .
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.
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.
turn. I subscribe to EWI and they believe the top in the US indices is very,very close if not there already!