Hamilton's E-Wave Analysis

FTSE update

ftse jan 2 2014

At 6750 the FTSE is still below the high of 6804 of May 21. In EW terms it is still possible that we have a series of 1-2s of different degrees. At the same time it does seem a little absurd to attach so much importance to 50 points!  But that is just the way it is.