FTSE 100

FTSE 100 completed a 3 wave pullback rally in a double zig-zag, marked as W-X-Y that ended at the weekly Bollinger band shown on the weekly chart. The fall earlier was 5 waves down and so another 5 wave decline may follow in wave 3 down where 3=1 goes to 6000. It is a long way down for Britain stocks.