Signal UK100 Sell — D1 - June 21, 2026 15:26 GMT-4
On the D1 chart of UK100 (FTSE 100 index), the market has been carving a descending channel since early April. The series of lower highs – from the 10584 peak to the 10477‑10441 range – and consecutive lower closes confirm a bearish bias. The most recent candle closed at 10381.15, comfortably below the 10400‑10420 support band that held for several sessions. Volume has been tapering as the index slides, with the last three days showing a drop from ~44k to 24k contracts. The shrinking turnover suggests diminishing buying interest and reinforces the momentum shift to the downside. Momentum indicators would…