Signal UK100 Buy — M15 - June 21, 2026 18:40 GMT-4
On the UK100 M15 chart the FTSE 100 index has been carving a descending channel since the 16th June swing high around 10475. The recent three candles (10383‑10381 range) show a marked contraction in volume, dropping from over 500 contracts earlier to under 30, indicating fading bearish momentum. Price has tested the 10380‑10370 support zone twice, holding each time with modest buying on the lower‑volume bars. This suggests a potential floor at roughly 10360, just below the current market price. A break above the 10400‑10405 resistance line would re‑ignite the prior upward swing toward the 10420‑10425 cluster, which previously acted…