The equity markets have been rallying, however, the FTSE
has been significantly less bullish
than other markets, this coupled with the technical confluence of trend line
s$r, overbought slow stochastic
, 61.8% fib, and 50 SMA
to act as ressitance are enough to make us interested sellers at the 6600 levels. This kind of trade may also serve as a hedge for people who hold some long positions on equities around the world.