US100 has been bearish for the past weeks but might transition into a bull-run if price action remains above 19,000 and settles above 19,750. If the price rises and stabilises above 19,750 barrier, the indice may start erasing the sells aiming to target the above resistance barriers and established higher highs.
Failure to pass through 19750 might indicate a rejection of the potential upward movement yielding to a bearish continuation.
Failure to pass through 19750 might indicate a rejection of the potential upward movement yielding to a bearish continuation.
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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.