SamKent
Short

FTSE Pulling Back to Resistance Zone

INDEX:FTSE   FTSE 100 Index
23 0 1
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.
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