FTSE100 is the weakest index in Europe among the big markets. and could soon get the uptrend stopped without getting above 2011 high.

FTSE100, 2000 - 2012 monthly chart. The 2007 all time high is the top in the middle. From the following bottom in 2009 we have so far only got 4 waves. The fifth wave must get above 2011 top otherwise it will only be a correction of the fall 2007 - 2009. And FTSE already have problems in the weekly chart to show enough strength to go higher. Yes the weekly trend is still up but this index could within the next few weeks start moving sideways and down. My advice is to watch this index closely for an eventual  trend change.