US100 is currently pulling back to the upside after experiencing a strong sell-off yesterday. As of now, the indice is pulling back up and may try to touch 21350-21500, depending on where the current pullback subsides.
If the bullish pullback is successful, bearish pressure may continue targeting the respective low and complete the current correction phase.
However, stability above 21500-21700, may see a bull run.
If the bullish pullback is successful, bearish pressure may continue targeting the respective low and complete the current correction phase.
However, stability above 21500-21700, may see a bull run.
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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.