US100 Trendline Breakout Suggests Bearish Setup
The US100 has broken below a key ascending trendline on the 4H chart, signaling a possible end to the recent uptrend. Price is now trading below the Ichimoku cloud, confirming a bearish bias and activating a positional short setup.
🔹 Pattern: Trendline Breakout (Bearish Signal)
🔹 Current Price: ~21,590
🔹 Target: 20,678
🔹 Resistance Zone: 21,743 – 22,088
🔹 Technical Outlook: Bearish momentum building below trendline and cloud
🔹 Fundamental View: Rising rate concerns and tech sector pressure could weigh on US100
Short trade in play—selling pressure expected to increase below resistance. Manage risk accordingly. 📉📊
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The US100 has broken below a key ascending trendline on the 4H chart, signaling a possible end to the recent uptrend. Price is now trading below the Ichimoku cloud, confirming a bearish bias and activating a positional short setup.
🔹 Pattern: Trendline Breakout (Bearish Signal)
🔹 Current Price: ~21,590
🔹 Target: 20,678
🔹 Resistance Zone: 21,743 – 22,088
🔹 Technical Outlook: Bearish momentum building below trendline and cloud
🔹 Fundamental View: Rising rate concerns and tech sector pressure could weigh on US100
Short trade in play—selling pressure expected to increase below resistance. Manage risk accordingly. 📉📊
Note :If you found this helpful, like and follow for more trade ideas!
Share My Idea With Your Firends Mention Your Feed back Comment Section
This is not financial advice. Please conduct your own research and manage risk accordingly.
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US100 – Short Setup Active After Trendline Breakout For More Help
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Telegram @Signals_98
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t.me/+HZOTWoeqVoo3M2Nk
Telegram @Signals_98
t.me/+HZOTWoeqVoo3M2Nk
Our Channel
t.me/+HZOTWoeqVoo3M2Nk
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.