by Lara | Dec 3, 2013 | FTSE |
Last analysis expected that a second wave correction was over, but a clear channel breach and a clear five wave structure upwards on the hourly chart was required before I had confidence in the target. We did not get a clear channel breach nor a clear five wave...
by Lara | Oct 15, 2013 | FTSE |
Last analysis of FTSE expected a little upwards movement to a very short term target at 6,515, before downwards movement towards about 6,280.60. We did not see the small upwards movement I had expected, but overall price did move lower to reach 6,316.91, 36.31 points...
by Lara | Oct 6, 2013 | FTSE
Movement below 6,386.72 invalidated last week’s FTSE analysis. This can only be a continuation of a second wave, which is likely to reach down to the 0.618 Fibonacci ratio of the first wave. Click on the charts below to enlarge. Within intermediate wave (4) it...
by Lara | Sep 17, 2013 | FTSE, FTSE Historical
The invalidation point on the hourly chart was breached. This has necessitated a thorough reanalysis of the wave count, including the monthly chart. This changes the situation significantly. I expect now that the FTSE is in a final fifth wave upwards towards an all...
by Lara | Aug 30, 2013 | FTSE
Last week’s analysis expected upwards movement to a target at 6,476 to 6,486. Price moved higher to 30.71 points above the target before turning lower. The wave count remains the same. Click on the charts below to enlarge. This daily chart focusses on the...
by Lara | Aug 22, 2013 | FTSE |
Last week’s analysis of FTSE expected downwards movement for the week which is what we have seen. The wave count remains the same. This week I will follow only the main monthly wave count. The alternate does not diverge in expectations for direction at this...
by Lara | Aug 17, 2013 | FTSE
This is my first attempt of analysis of FTSE. I have two monthly wave counts for you. They do not differ in expectations in the short to mid term. Click on the charts below to enlarge. Main Wave Count. Within each large movement I have checked subdivisions on the...