Is the FTSE100 Going to do a Wave 5 Down?

FX:UK100   FTSE 100 Index
On the FTSE 100 or UK100 There is an exciting formation that I have been following for a month now.

This could start some serious selling ... lets see how it goes (I seriously hope this isn't the case but hey ho...)
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Informative task
Do you think this will continue now?
Hi there, would you say this is still valid?
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