Summary
· The Index has tested the 11,167 level today and so far this level is holding nicely
· A move below 11,167 would be negative but till this happens will take profit and look to sell bounce or a breakdown
· The Weak Euro is also a warning sign that we might bounce from here
Strategy; Short from 11,841 taking profit at 11,228 for 5% gain, step aside for now
Daily chart