USNAS100 consolidating within a bearish trend

1 dic

The USNAS100 is currently consolidating within a bearish trend. Wall Street’s main indexes are expected to open lower on Monday as investors move to the sidelines ahead of key economic data and a closely watched speech from Federal Reserve Chair Jerome Powell. Markets are looking for clues regarding the Fed’s policy direction later this month.

From a technical perspective, US100 remains vulnerable to further downside If price closes below 24,990 and holds beneath this level, bearish momentum is likely to continue. In that scenario, the next support zones lie at: 24,800 TO 24,200

You may find more details in the chart.
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2 dic

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