FTSE probably in ending diagonal wedge pattern

TVC:UKX   富時100指數
The FTSE 100 has been moving roughly sideways throughout 2017. However, things seem to clear up for the FTSE 100 at this point. It seems to trace out a contracting ending diagonal to finish intermediate wave (1). The character of the sideways movement reminds us of the period 2013-2014. Back then the FTSE traded similarly.

We are currently in wave (c) of minute wave iii°. This means that we need to see another down up sequence before we can call wave (1) complete. We would not want to see the light blue trend channel decisively broken to the upside if our case here is correct. Neither do we want the corrective swing of wave iv° to be smaller than -5.15% to the downside. It should be in the magnitude of roughly -3% to -4% if we are dealing here with a contracting ending diagonal indeed.

We base our forecast on the contracting diagonal and see the FTSE therefore carry into the first quarter of 2018 at these elevated levels.
ZH 繁體中文
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 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出