Signal UK100 Sell — M15 - July 15, 2026 12:15 GMT-4
The UK100 index (FTSE 100) on M15 timeframe shows a bearish reversal setup following a prolonged bullish consolidation. Recent candles exhibit a series of higher highs and higher lows, suggesting a strong uptrend, but the current price action has formed a peak at 10518.85 with diminished volume, indicating waning buying momentum. The close near this level, coupled with a sharp decline in subsequent candles, signals potential resistance breakdown. Notably, the volume spike on the 10518.85 high (45) contrasts with the prior bullish rally's elevated volume (1872), highlighting a lack of follow-through. This divergence suggests a weakening trend, aligning with the…