Signal UK100 Sell — M15 - June 16, 2026 22:23 GMT-4
The FTSE 100 (UK100) on M15 timeframe shows a clear downtrend with key resistance at 10517.15 breached and price consolidating near recent lows. The last three candles close below 10507.65, forming a bearish pattern as the market tests support at 10496.55 and 10488.05. Volume spikes on the 10501.95 entry candle (448) confirm strong selling pressure, aligning with the breakdown below the prior swing high. The consolidation phase after the entry suggests traders are locking in profits, but the close near the lower end of the range indicates lingering bearish momentum. The current price action is poised to retest the 10435.83…