FTSE topped exactly at our upper target of 7400/10 as we become severely overbought, but there is definitely no sell signal. We could see profit taking to 7375/71, perhaps as far as support at 7360/55. A break lower tests the best support today at 7335/30.
Longs need stops below 7320. A break above 7410 targets 7420/22 then 7445/50.