UK100 : A weekly Elliot wave analysis with A coinciding harmonic

On the monthly UK100 is forming a cypher pattern. a clear elliot wave can be fit within this pattern. The index is pushing towards a strong resistance area. With the uncertainties bordering Brexit and the implications on the UK economy this trajectory is consistent with economic speculation. The 78.6 iFib retracement reqired to complete the cypher pattern is consistent with the Elliot Wave requirement for the monthly correction. The weekly wave count is about to complete the corrective wave C at the resistance the index is nearing. The higher degree B would be a head and shoulder pattern on the monthly tf.