Signal UK100 Sell — M15 - June 17, 2026 01:40 GMT-4
On the UK100 M15 chart the market has been carving a descending channel since the 10552 peak on June 12. Each successive candle posted lower highs and lower lows, confirming a bearish momentum loss. The last three bars closed below the 10505‑10500 zone, with volume tapering to around 140 contracts, indicating that buying pressure is fading. Key resistance sits near the 10540‑10550 range, while the 10480‑10490 corridor now acts as a firm support level, having held multiple rebounds. A break below the 10505‑10510 swing low would likely trigger a move toward the 10440‑10430 zone, where prior price action found temporary…