[Pending] UK100 is Bearish - We look to Sell at 5933
▪️ Broken out of the channel formation to the downside. ▪️ We have a 50% Fibonacci pullback level of 5936 from 6209 to 5665. ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 5933, resulting in improved risk/reward. ▪️ Expect trading to remain mixed and volatile.