[Sell Limit] UK100 is Bearish - We look to Sell at 5860
▪️ Overnight price action has drifted lower and remains pressured by the medium term bearish bias. ▪️ Levels close to the 61.8% pullback level of 6000 found sellers. ▪️ Broken out of the channel formation to the downside. ▪️ We look for a re-test of the upward trending resistance. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 5860, resulting in improved risk/reward. ▪️ Expect trading to remain mixed and volatile.