FTSE - LEADER OR LAGARD

FTSE still above 200 DMA relative to NIKKI, DAX, DOW. That warns if it is leader, or lagard in waiting. We had HnS break out yesterday, how ever, this morning rise is an opportunity to short if not already one in hand. The supply zone from the previous base and the downward slope from the recent high both vertex around the 7630-40 close area or one can assume 7610 close. Short here and any rise 7570 stops close basis 7640 for move part 7430 balance 7300-40 range.