June candle was an elephant bar and took out 4 previous monthly lows (and previous 7 closes) .July did nothing except consolidate the bearish reversal
where Ftse leads others follow.......not always but frequently. Heightened commodity exposure (and hence global growth/deflation sensitivity is the main reason imho) European financials exposure is also a (secondary ?) factor
August needs to close above July high to reverse this very bearish picture imo