by Lara | May 8, 2014 | FTSE, FTSE Historical, Public Analysis
Upwards movement continues as expected. The short term target is 6,853. The target for upwards movement to end remains at 7,345. Movement above 6,865.86 would provide full and final confidence that the intermediate degree trend is up. Click on charts to enlarge. This...
by Lara | Apr 21, 2014 | FTSE, FTSE Historical
Upwards movement continues as expected. So far upwards movement from the low at 6,492.62 subdivides best as a five, and downwards movement looks extremely clear as a three. This provides me with some confidence in a trend change at 6,492.62. Movement above 6,865.86...
by Lara | Apr 1, 2014 | FTSE, FTSE Historical
Price continues to move higher, but the breakout is unconvincing. A new high above 6,865.86 would be required to provide confirmation of this trend change at intermediate degree. The target for upwards movement is now 7,345. Click on charts to enlarge. This main wave...
by Lara | Mar 20, 2014 | FTSE, FTSE Historical
Price moved lower as expected. The target was 6,486. Downwards movement reached 6,500 two days ago and has since moved higher. However, a new high above 6,865.86 would be required to provide confirmation of this trend change at intermediate degree. The target for...
by Lara | Feb 22, 2014 | FTSE |
This upwards movement cannot be a leading diagonal within intermediate wave (5) followed by a second wave correction because the leading diagonal wave lengths do not work. Click on the charts below to enlarge. It looks unlikely now that it is an incomplete flat...
by Lara | Feb 15, 2014 | FTSE |
Last week’s analysis of FTSE expected more upwards movement to end about 6,695.25. Price moved higher as expected reaching 6,708.17, 12.92 points above the target. I expect this correction is over and the downwards trend should resume. I am expecting to see an...
by Lara | Feb 7, 2014 | FTSE
Last week’s analysis of FTSE expected more downwards movement. This is what has happened. The target remains the same at 6,015 and this target is still about four to six weeks away. On the way down I expect two larger corrections, the first of these two has just...
by Lara | Feb 1, 2014 | FTSE, FTSE Historical
It is most likely that intermediate wave (4) is not over and will complete as a regular flat correction. The triangle scenario was invalidated. It is very likely that FTSE should drop below 6,023.44. The target is 6,015. Click on the charts below to enlarge. A large...
by Lara | Jan 7, 2014 | FTSE, FTSE Historical
Last analysis expected downwards movement to be a second wave correction. This now looks very unlikely because the second wave would have breached the lower edge of an acceleration channel drawn about the first and second wave of one degree higher. What is now more...