Even though the bearish count is valid on the FTSE, im sticking to my count from last week which is we've just had wave 4 down. We need a wave 5 to take us up to the mid to high 5600s. The Dow made a new high which adds fuel to the fact new highs are still needed. FTSE also held on the 5430-5450 which i feel needs to break cleanly for P3 to be in.
The Dax still gives the cleanest bearish count and have labelled this as that for a alternative point of view. A break of 6038 invalidates the count
S&P seemed to play out a 4th wave flat as posted last week. Still looking for 1160s there
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