ISFA - FTSE 100 ETF - more than 35% down ahead
Updated
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.
Note
Below is the shorter term analysis graph. Prices seems to have finished minute wave 4 up and if this is the case they will go down below wave 3 level before a correction up that would be wave 2. The alternative scenario is that we have completed subminuette wave A up, in this case we may have a minor move down for wave B and another push up completing wave 4 before this decline ahead in minute wave 5.
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