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Short

SHORT FTSE 100 at market 7102

FX:UK100   The FTSE 100 Index
32 1 3
With the FTSE             putting in a new high today, its compelling to try a SHORT from these levels.
We at Carleton Capital are SHORT from 7100 with an open target and a STOP above the record high at 7135.
Its a tough task to call a top in any market and with continued accommodation from the Bank of England and with sterling weakening this trade may not run too far but with overbought conditions on several time frames we may see a pullback back to 7000 before a possible new leg higher depending on fundamentals.
Comment: STOP moved to 7094 for +41
13/10/2016 STOP moved to 6979 for +121
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