Lifesong
Short

UK100 nearing potential reversal @ around 6780 or just below

FX:UK100   The FTSE 100 Index
42 0 1
Looking at Daily chart of FTSE             the 6780-6860 area is previous resistance area and it coincides with 78.6% Fib retracement drawn from Apr'15 high @ 7127 to Feb'16 low @ 5494. My preference is shorting from 6760 with stop above 6860 and initial target @ 6450 and longer term 5750.
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