FTSE100: Potential trade setting up

A lot of large scale UK funds were caught short last week. Those funds will now be sitting around the tables of their boardrooms thinking of making adjustments - more than likely 'risk-off'. Therefore keep a very close eye on the FTSE100. We could see the floor being pulled out from under the market at some point. This is not a fast play, more it's about if the equities do start trending down there could be a bigger play in the FTSE than other indices.