Wave [B] from early March has become a triple zig-zag. looking at the final zig-zag (red a-b-c)depending from where you messeaur the start of wave c it has entered the ideal topping area from 6,055 - 6,150. The Candle that entered the target-area became a Shooting star (which we also saw in FTSE 100 yesterday). This candle points to a fading momentum calling for a possible top. If todays candle becomes a black candle the Shooting star from yesterday is confirmed as a topping pattern
The above Chart is a closer look at the prize-action since March showing the confirmed Shooting star and a break below 5,949 would confirm a nearby challange of the uptrendline from early March, which currently is at 5,797. A clear break below the uptrendlinie calls for a much bigger decline
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