On the UK100 M15 chart the market has been sliding from the 10390 region toward the low‑10290s over the last 24 hours. The most recent three 15‑minute bars closed below the 10300‑level, carving a descending channel that respects a tight high‑frequency support around 10292. Volume has been progressively lighter as the price fell, indicating waning sell pressure, but the last two bars showed a modest uptick in volume accompanying a bullish candle that held above the 10295 floor. This suggests a short‑covering rally and the re‑establishment of buying interest near the prior swing low. If the price can defend the…

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