Investamate

FTSE 100 - Top of the shop?

Short
FOREXCOM:UKXGBP   UK 100 CFD
Short sellers squeezed out?

Head and shoulders top forming?

I personally like speculating on what I think could be a right shoulder in a head and shoulders top pattern. Especially when the (potential) right shoulder squeezes into a 78.6% Fibonacci retracement level.

Selling FTSE between 5860-5877 if I can. Stops above the highs.

The measured move target is at 5110.

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