FTSE a tripple top?

I have a brief glance at FTSE index today. It is very strange.

My data only went as far as 1984. I can only estimate base on as far as I can go back.

I assume that 1984 is the 1st wave. There is a small 2nd wave and followed by a multi-year 3rd wave from 1987 till 2000. IT is possible that the 1st and 2nd wave could have happened even earlier.

The thing I am uncertain about is the 4th and 5th wave. The chart does seem to show a 5th wave break down. This is because the 5th wave is lower than the 4th. I am also tempted to place the 4th wave as the A wave, but the 5th wave make it impossible to be B as B are normally a 3 wave pattern, this is a 5-wave pattern. If I consider this as part of B, then the a wave is too huge compare to the A wave.

So the A is most likely is true because it is a 5-wave down follow by a 3-wave B. Of course for the time being it is still not yet confirm.There is a resistance at 6950 mark (1st top).

If the tripple top is true, FTSE is going to be driven to the negative zone--> bankruptcy. Let's hope that if the formation does happen, the counter won't go all the way to fulfill the measurement.