EamesAnalysis

UKX Down?

EamesAnalysis Updated   
TVC:UKX   UK 100 Index
I see an almost completed elliott wave count as the B begins to finish (if it doesn't become more complex).
I expect to see price fall once it reaches the highlighted area and will be watching for a break on the corrective trendline to confirm downside.
I expect prices to fall quite sharply if trendline is broken.
Any advice is appreciated.
Thanks.
Comment:
Correction has become deeper than expected but I still see downside.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.