FTSE Elliott Wave Analysis for Tuesday 10/10/2023

The higher timeframe gives us two equally valid scenarios. On the lower timeframe, it looks like wave X is finished. However, as long as we see too much overlap in the upward move, we cannot exclude the secondary scenario. The secondary scenario calls for two more swings as a wave (b) and (c).
Elliott WaveFibonacciFTSEftse100Support and Resistance

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