
FTSE KENYA 15
Likely bottomed at 152.07. See how the ABC pattern respected the downward trend channel below.
FTSE KENYA 15 now appears to be rising impulsively. I expect a rise above 190.00s then further rise above 227.00s.
If in deed FTSE KENYA 15 rises above 227.00s then 152.07 will be a long term bottom lasting years.

Notice here that FTSE KENYA 15 bottomed just slightly below Fibonacci 0.786 of the prior rise from 140.21 to 247.94
MORE on Fibonacci and Golden Ratio:

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.