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FTSE 100 - Top of the shop?

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Indeks FTSE 100 (FOREXCOM:UK100)  
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FOREXCOM:UK100   Indeks FTSE 100
Trend Analysis Chart Patterns Technical Indicators FTSE UK100 CFD ukstocks bearmarket UK ftse100
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trendanalysis chartpattern indicator ftse uk100 ukstocks bearmarket uk ftse100
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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