FTSE

Ftse played out perfect for the week....

yesterday close - nice and simple chart.

todays close was 6381 apporx.. ...

dl.dropboxusercontent.com/u/40497882/FTSE_daily%20simple.JPG

dl.dropboxusercontent.com/u/40497882/FTS...y%20simplecandle.JPG

going to plan ? updated chart - worth watching that area of congestion ...

dl.dropbox.com/u/40497882/FTSE%20EOD_Dailyv2.jpg

dl.dropbox.com/u/40497882/FTSE%20EOD_Dailyv1.jpg

WaveSurfer wrote: just for fun and something to keep an eye on

dl.dropbox.com/u/40497882/FTSE%20EOD_Daily.JPG

Yep agree with that diver.

Cheers WS

I was actually referring to your internal labeling of what you are labeling (111), from 5605, and not the move from 4791. However, for guidance, a 50% retrace of the move from 3460.7 - 5833.7 is 4647.2 and not 4791.
Because my labeling contains ABC's does not make me a Bear. Far from it: overall I remain bullish until the main supporting trend line is broken. However, in the short-term I do expect a retrace to at least 6179 - 6084.

just for fun and something to keep an eye on

dl.dropbox.com/u/40497882/FTSE%20EOD_Daily.JPG

Theres so many different ways to do the waves .It sure can get confusing I broke a lot of the Elliott rules when i was doing the counts. It can get real complex or real easy. i like the easy way round
its good to see a lot of people trying them out now.