FTSE100 - Market Crash Cycles | Indices | Macro Trends

*Please support this idea with a LIKE if it helps you. Thanks!

More details about me in my signature.

FTSE100 has been labeled within a Grand Super-Cycle degree wave IV (blue), which has been unfolding ever since the Dot-Com bubble.

Structure - Expanding Flat Formation
2000 peaks and down until 2003 bottoms - Super-Cycle wave (a) (red)
2003 bottoms up until 2007 tops - Cycle wave a (black)
2007 tops and down until 2009 lows - Cycle wave b (black)
2009 lows and up until present times - Cycle wave C (black)

Cycle C (black)
Pattern - Ending Diagonal
Sequence - 5-Wave Sequence, with Primary Waves 1 2 3 4 5 (green) decomposed as Intermediate (A)(B)(C) (blue)

Current Position
Primary Wave 5 (green)

Next expected swing
Bearish sequence in Intermediate (B) (blue)

Market Crash Forecast
Support granted at or around the 7000.00 mark and then a bull run towards the 9000.00 levels, where the Super-Cycle Wave (b) (red) is expected to complete.Super-Cycle Wave (c) (red) would reflect the next Larger Degree Recession.

Structure change
Breach of the lower trend-line of the Ascending Channel could reflect the fact that the Market Crash already started.
ftse100Harmonic PatternsTechnical IndicatorsmarketcrashUK100 CFDFTSE 100 IndexWave Analysis

Also on:

Related publications

Disclaimer