FTSE100 - two Elliott Wave counts.

7 Oca 2018

This index has really powered up since December but the question I ask myself is if my wave 4 finished already at just above the 23.6 fib as shown by the blue count or was it a bit short there and this surge up is all part of an ongoing wave 4 unveiling as an expanding flat. Tough one really. Whichever way I look at it though it looks like there is still upside in the index at least in the short term.