Short

US100 start falling

By DeGRAM
As I said in my previous forecast, at first the price rose to the resistance line of 12200.3.
However, the resource was so powerful that the price broke through this line and was able to grow higher.
US100 growth and after fall in channel

But I still expect that after this growth there will be a fall and will adjust my previous forecast.
After rising and breaking through the line, the price came to the resistance zone at the local maximums of 12265.4.
After touching the zone in early November, the price dropped significantly.
You can already see how this time the price pushed away from the zone and began to fall.
I expect the decline to continue. Target - support line

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ForexshortTrend Analysisus100
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