Yesterday’s rally fits the bill of the expected c wave extremely well and there is evidence it has now peaked. If so we now have a third wave down starting up with a minimum expectation on FTSE around 5300/5350 and possibly a fair bit more.
John Piper Trader | Author & Trader
Trading systems & updates from John Piper, master trader. Trade with confidence.
Yesterday’s rally fits the bill of the expected c wave extremely well and there is evidence it has now peaked. If so we now have a third wave down starting up with a minimum expectation on FTSE around 5300/5350 and possibly a fair bit more.