Looking at the monthly chart on 
FTSE100 we are now sitting on previous all time high . Failing to continue its uptrend .
I will wait to see where the monthly candle finishes. If it finishes below 7130 , I think there's a very good case of shorting this.
Stop loss can be above the monthly candle at 7350, fist target 6900 , if that breaks then 6500 .
FTSE100 we are now sitting on previous all time high . Failing to continue its uptrend . I will wait to see where the monthly candle finishes. If it finishes below 7130 , I think there's a very good case of shorting this.
Stop loss can be above the monthly candle at 7350, fist target 6900 , if that breaks then 6500 .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.