Signal UK100 Sell — M15 - June 16, 2026 21:37 GMT-4
On the M15 timeframe for UK100, the recent price action reveals a bearish reversal following a prolonged bullish consolidation. The last few candles show a declining trend with lower highs and lower lows, culminating in a strong close below key support levels around 10501.45. The volume during this decline has been mixed, with higher volumes on the down legs suggesting institutional selling pressure, while lower volumes on the retracements indicate waning buyer interest. The current setup is characterized by a breakdown below the 10501.45 level, which acts as a critical pivot point, confirming the shift in momentum. The prior high…