If my wave count is right the FT100 has lost the last chance to over around the 5,700 area and it's heading south.
The monthly chart below (sorry, i don't have much history) shows the completion of 5 waves up and the 1-2-3-4 in red. Note the log shadows in the last 3 candles, clearly a sign of weakness.
Check the weekly chart below. The FT100 reached the top level 4-5 times but shows great weakness . Check the red Displaced MA (DiNapoli). It shows a Double Repo, meaning that it's quite bearish.
The daily chart below shows the completion of 5 waves up, wave 1 and 2 in red and a breakout. Time to take your short position. It also shows a double top made of wave 5 and wave 2.
In the 4-hour chart below there's a reversal candlestick (4) within a down channel that has been touched 5 times
The 1-hour chart below shows wave 1 and 2 out of 5. Good entry point.