$FTV May Be Ending a Bullish Cycle

$FTV is difficult to count because its waves are very noisy. That said, the mild divergence on the RSI may give us a way to distinguish between the 3rd and 5th waves. It may need to grind out some more highs in order to finish the cycle, but when it completes it may enter a protracted correction targeting the orange box going into next year.

FTV


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.