Signal UK100 Sell — H1 - July 16, 2026 00:44 GMT-4
On the UK100 H1 chart, the market has transitioned from a short‑term rally around 10550 back down to the 10470‑10490 corridor. The last three hourly bars have produced lower highs and lower lows, confirming a bearish trend. Volume peaked during the 10479‑10508 candle (5,528 contracts) and again on the 10457‑10471 bar (3,982 contracts), both of which coincided with sharp price drops, indicating strong selling pressure. Subsequent bars show diminishing volume, suggesting the down‑move is losing steam but still lacks bullish participation. Key resistance sits near 10500‑10510, while support around 10480‑10490 has been breached, turning those levels into new resistance. The…