[Pending] UK100 is Bearish - We look to Sell at 5867
▪️ Broken out of the channel formation to the downside. ▪️ We have a 38.2% Fibonacci pullback level of 5872 from 6209 to 5664. ▪️ Negative overnight flows lead to an expectation of a weaker open this morning. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 5867, resulting in improved risk/reward. ▪️ Expect trading to remain mixed and volatile.