🚀 US100 Analysis: Testing Key Levels 📊
The US100 remains in a strong long-term uptrend on the daily, but recent weakness has emerged as we approach a key order block and important support zone. On the 4-hour timeframe, the intermediate trend is bearish, so patience is key for disciplined traders.
👀 Levels to Watch
🔹 Upside Trendline Touch: 21450 : This could act as a liquidity grab, signaling potential opportunities.
🔹 Ichimoku Cloud Break: A break above the cloud may suggest strength, but the thin cloud warns against overconfidence in this signal.
📈 Short Setup in Focus
• We are monitoring price action closely at the top resistance zone.
• On the 4-hour chart, retracement to the 0.618 Fibonacci level of the December 16th downtrend is a key level to keep on your radar.
⚡ Volatility Alert: January Insights 🌪️
Historically, January is a volatile month, and 2025 has been no exception! Expect more movement until the month closes. This close will likely set the tone for the next 11 months 📅.
🎯 Trade Strategy
Counter-trend longs? Not at this time.
For larger accounts, consider risking 0.3–0.4% for a speculative move higher, only if you’re comfortable with potential losses.
📚 Learn & Grow
Big things are coming!
We’re launching an educational platform to share the secrets behind our analysis. Follow us for updates and precise entries into the short setup
⚠️ Disclaimer:
This is not financial advice. Always DYOR (Do Your Own Research) before trading. 📌
Let me know if this strikes the balance you’re aiming for!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.