{"id":11471,"date":"2021-08-12T08:58:07","date_gmt":"2021-08-12T08:58:07","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11471"},"modified":"2023-05-04T09:00:17","modified_gmt":"2023-05-04T09:00:17","slug":"ftse-2017-fractal-points-to-a-7500-top","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/08\/12\/ftse-2017-fractal-points-to-a-7500-top\/","title":{"rendered":"FTSE 2017 fractal points to a 7500 top"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>This is a fractal analysis on FTSE from 2017. Not much description is needed here, the chart is quite straightforward. The 2020-2021 (Fractal B) price action so far is similar to the 2016-2017 (Fractal A) sequence. They both started after the market bottomed out on a 1W Death Cross and have been rising with only medium-term pull-backs when the price hit a Higher Highs (dashed) trend-line. In 2017 the index made the next Higher High within the 1.618 &#8211; 1.786 Fibonacci extension and topped on the 2.0 Fib mark. If the pattern continues to repeat itself, then FTSE may make a Higher High within 7330-7430, pullback and go for a market top at 7550.<\/p>\n<p>Do you find this comparison reliable?<\/p>\n<p>Most recent FTSE idea:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"FTSE100 Buy Signal\" href=\"https:\/\/www.tradingview.com\/chart\/UK100GBP\/Rtvk9s3s-FTSE100-Buy-Signal\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/r\/Rtvk9s3s_big.png\" alt=\"FTSE100 Buy Signal\" \/><\/a><\/div>\n<div>Tradingview link:<\/div>\n<div><a href=\"https:\/\/www.tradingview.com\/chart\/UK100GBP\/1w5rvvXB-FTSE-2017-fractal-points-to-a-7500-top\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/UK100GBP\/1w5rvvXB-FTSE-2017-fractal-points-to-a-7500-top<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; This is a fractal analysis on FTSE from 2017. Not much description is needed here, the chart is quite straightforward. The 2020-2021 (Fractal B) price action so far is similar to the 2016-2017 (Fractal A) sequence. They both started after the market bottomed out on a 1W Death Cross and have been rising with<\/p>\n","protected":false},"author":611,"featured_media":11472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-11471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11471"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11471\/revisions"}],"predecessor-version":[{"id":11475,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11471\/revisions\/11475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11472"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}