Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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US100 QUICK UPDATE
As we clearly see price kept moving higher and higher, trading inside this channel, so, we are clearly still overall bullish.
However, price is now approaching a massive resistance zone, where we will be searching for bearish reversal from a medium-term perspective.
For the bears to kick in again we need a new swing low to form around the rising trendline then a break
Until that happens, we are still bullish, and we can still trade higher and higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!