US100 - Short Signal
US100 H1
We are challenging high prices here on US100, where this 13430 resistance price is looking like a solid sell zone. Nice rejections first time round dated 12th May once we saw that hourly top exhaustion. We need something to catalyse an upside break, most stock indices sitting on resistance prices, needing that justified surge to break upside.
US figures later for retail sales, this could cause some interesting moves, but on a technical basis I'm looking for shorts. If we can grab a short entry from that 30 price ahead of figures, that could be attractive.
We are challenging high prices here on US100, where this 13430 resistance price is looking like a solid sell zone. Nice rejections first time round dated 12th May once we saw that hourly top exhaustion. We need something to catalyse an upside break, most stock indices sitting on resistance prices, needing that justified surge to break upside.
US figures later for retail sales, this could cause some interesting moves, but on a technical basis I'm looking for shorts. If we can grab a short entry from that 30 price ahead of figures, that could be attractive.
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Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
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