Signal UK100 Sell — H4 - June 27, 2026 20:38 GMT-4
The FTSE 100 (UK100) H4 chart reveals a clear downtrend forming after a prolonged bullish phase. Recent candles show price consistently closing below prior highs, with key resistance at 10551.65 failing to hold. The last close at 10501.05 aligns with a critical support level near 10437.35, which has acted as a psychological barrier. Volume on the entry candle (1782302400) is moderate at 6667, but higher volumes in preceding candles suggest sustained selling pressure. The consolidation phase between 10437.35 and 10501.05 indicates exhaustion of bullish momentum, creating a setup for a reversal. Price action suggests a potential breakdown below 10437.35, triggering…