ISFA continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minor counter-trend wave 2. The next move should be minor 3, where the most probable target is is below 5,900. If prices crosses up 7,220, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
ISFA reached the target in our post of June 1 and turned down, as forecasted. We should see prices trend down to new lows in Intermediate wave 3. If price crosses up 7,265 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
ISFA is tracing the final stages of intermediate wave 2. Most probable targets are 7,096 and 7,541. After this the ETF should trend to new lows in intermediate wave 3 down. f prices crosses down 6,315, the odds are that wave 3 already began. FOLLOW SKYLINEPRO TO GET UPDATES.
ISFA is currently tracing the end of intermediate wave 4 of primary wave 3 down . After completed prices should fall to levels between 4800 and 3900 in a new 5 wave intermediate moves. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
FTSE 100 represented by its ETF is tracing down a cycle wave C that should bring prices down to around and additional 35% reaching its bottom in one to two years ahead. Retracements with opportunities for returns in the upside should occur during its path and we will be posting them here. The short term analysis is in the comments. FOLLOW SKYLINEPRO TO RECEIVE THE UPDATES.