FTSE - ready to go ?

If this is a triple top with 2 lower highs we should decline pretty soon.Breaking the most recent 4x1 would open the door.This is the calendar bar count with spacing for weekends - the trading bar count has a more bullish option,with support from the 4x1 off the 2009 low (and from the 200dma) not far off (see post May 18 and bottom chart) - however I do believe the trading of the last few months is most likely distribution and FTSE is a commodity sensitive index which makes it vulnerable to further commodity price declines (mining,energy sectors)

 

 

here is the trading day chart