US100 | CHANNEL BROKEN

US100 has been trading in a bullish channel .
The price has broken below the channel.
The price has also retraced to 0.50 fib level of recent bearish rally .
The bears are in control.
The bulls will only get strength if it managed to sustain price above the recent high.
Manage your trades accordingly
The price has broken below the channel.
The price has also retraced to 0.50 fib level of recent bearish rally .
The bears are in control.
The bulls will only get strength if it managed to sustain price above the recent high.
Manage your trades accordingly
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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.
Related publications
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.