FTSE 100 Index Elliott Wave: Correction Ended

FTSE 100 Index has ended cycle from 4/20 low at 7533.7. Index has also ended correction to cycle from 4/20 low at 7389.26 and could extend higher

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FTSE 100 Elliott Wave View: Turning Lower

Short Term Elliott Wave view in FTSE 100 suggests the rally from 4/20 low (7096.6) is unfolding as a zigzag Elliott Wave structure where Minute wave ((a)) ended

Technical forecast for FTSE 100

FTSE Dec13 quite directionless but held support at 6665/6660 perfectly for the second day. The outlook is mixed so same levels apply today. Support at 6680 then 6665/60