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FTSE Elliott Wave Technical Analysis – 7th August, 2016

by | Aug 7, 2016 | FTSE, FTSE Historical | 3 comments

Charts only this week.

BEAR

MONTHLY ELLIOTT WAVE COUNT

FTSE monthly 2016
Click chart to enlarge.

DAILY ELLIOTT WAVE COUNT

FTSE daily 2016
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BULL

MONTHLY ELLIOTT WAVE COUNT

FTSE monthly 2016
Click chart to enlarge.

DAILY ELLIOTT WAVE COUNT

FTSE daily 2016
Click chart to enlarge.

TECHNICAL ANALYSIS

FTSE daily 2016
Click chart to enlarge. Chart courtesy of StockCharts.com.

This analysis is published @ 01:57 a.m. EST.

3 Comments

  1. craig on August 7, 2016 at 6:37 pm

    So the bear is favoured and the bull is…er not favoured ?

    • Lara on August 8, 2016 at 3:54 pm

      I would favour the bull.

      I purposely didn’t give any text, charts only, because until one or the other is invalidated / confirmed then I’ll do a bit of fence sitting.

  2. Geoff on August 7, 2016 at 4:33 am

    Thanks Lara

    Really appreciated!