FTSE100: Notice that time cyclesThe repetitive nature (as highlighted by the blue arrows) remains of interest.
Might we see the next leg?
The time cycles indicate it might be time.
A price action above 6900 supports a bullish trend direction.
Consolidation price range from 7000 to 7100. Crossing above 7100 might target 7300.
Keep in mind that this index is one of the best performing index on a YTD basis.