FTSE 100

23 Apr 2020 ‚óŹ 09:45 AM

European indices appear flat to higher but they look like forming triangles. The FTSE 100 index for UK shows this clearly with the lower line and 20dma at 5640 working as a support. Wave C up remains due then, after wave B that is usually the triangle segment. C=A will take us to the 61.8% retracement mark of the entire fall near 6640.

ftse 230420

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