Signal UK100 Sell — H4 - June 28, 2026 18:30 GMT-4
The FTSE 100 (UK100) on H4 timeframe shows a clear downtrend with key resistance levels repeatedly tested and failed. Recent consolidation near 10513.45 has been marked by lower highs and higher lows, indicating weakening bullish momentum. The close below 10513.15 (previous candle) and subsequent pullback to 10501.05 suggest a breakdown of the prior range, with volume contraction signaling potential exhaustion. The current price action reflects a shift in control to sellers, as the index has struggled to maintain bullish rallies above 10520.00. With the 4-hour chart displaying a descending pattern and the recent close near 10501.05, the market is primed…