Entered a short position on FTSE at 7570, with a tight stop. The first target is rising red line (shown on the weekly chart).
Please do your due diligence.
Since the inception of the idea, FTSE spent no time in following the path defined for the index. I would be looking at 7100 to take some profit. Stop have been moved to 7450, hence some profit is locked.
Bring the stops to entry.
So far being supported by a cluster of moving averages ans trend-lines.