FTSE 100 February

did you ever teach Bonsai???? you remind me of my A Level Physics teacher.
 
you see the Rsi starts to make lower highs whilst the price is making new highs this is a good indicator that the price is topping
 
ok got it ...was looking for an mirror image instead of the highs. Thanks for your help.
 
Thoughts on what wave count we could be in. Action looks
like a possible 3 of something?? maybe my C??
 
ftse may find support on old triangle line

but it's the dax you should be on now !



edit
 
so are we now in c of 4 of C??? For anyone who doesnt
know me....Im just having a stab in the dark:)
 
Cant believe they shook me out of my tree...grrrrrrrrrr.

this should sucker in some shorts on the dow...but it failed
to close it's gap but only by a few points .....it'll be back
 
hooya
don't forget a '3' can also be counted as an a/b/c ?

still seems to have found support where the old triangle top and my fib fan cross and where we had 'contention' the other day.
 
yup that 402 level again and its my R2 today (4403.5)
I wonder what next week number will be???

YOu are obviously right about the abc but as a correction to which move down. ?

heres an updated version of my chart
 

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possibly a continuation only

we may be in an extended flat

cant tell until it finishes.
 
its only a guess at the moment but try this

superimposed on yours.
 

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