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FTSE Elliott Wave Analysis for Tuesday 10/10/2023
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Where is the market going? How should you position? When should you take profit? This Elliott Wave analysis will guide you.
*** Forecast ***
The higher timeframe gives us two equally valid scenarios. On the lower timeframe, it looks like wave X is finished. However, as long as we see too much overlap in the upward move, we cannot exclude the secondary scenario. The secondary scenario calls for two more swings as a wave (b) and (c).
*** Educational resources ***
*** About this video ***
This video dives deep into Elliott Wave analysis for the FTSE, the UK's premier stock exchange index. Our expert analysis offers valuable insights into wave counts, technical patterns, and market movements. We identify potential reversal points and provide accurate price predictions. This in-depth FTSE analysis will guide you on your path to successful trading and investing.
*** Forecast ***
The higher timeframe gives us two equally valid scenarios. On the lower timeframe, it looks like wave X is finished. However, as long as we see too much overlap in the upward move, we cannot exclude the secondary scenario. The secondary scenario calls for two more swings as a wave (b) and (c).
*** Educational resources ***
*** About this video ***
This video dives deep into Elliott Wave analysis for the FTSE, the UK's premier stock exchange index. Our expert analysis offers valuable insights into wave counts, technical patterns, and market movements. We identify potential reversal points and provide accurate price predictions. This in-depth FTSE analysis will guide you on your path to successful trading and investing.
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