A combination of upbeat economic data from the Fed and renewed optimism from Trump’s trade announcements fueled a powerful bullish rally on the US100. Price broke above the 23,450 🔼 resistance after reclaiming the 23,300 🔽 zone, leaving behind a strong V-shaped recovery from 23,200 🔽.
Support Levels: 23,450 🔽, 23,375 🔽, 23,300 🔽
Resistance Levels: None locally – price is printing new highs
Bias:
🔼 Bullish: Holding above 23,450 could support further upside. A clean retest may offer continuation entries.
🔽 Bearish: A drop back below 23,450 would weaken the rally and may open the path to 23,375 or 23,300.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support Levels: 23,450 🔽, 23,375 🔽, 23,300 🔽
Resistance Levels: None locally – price is printing new highs
Bias:
🔼 Bullish: Holding above 23,450 could support further upside. A clean retest may offer continuation entries.
🔽 Bearish: A drop back below 23,450 would weaken the rally and may open the path to 23,375 or 23,300.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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.