Hello, this is my idea on us100, As you see on a chart, i have drawn out a potential sell area basing on the previous reactions along a dynamic resistance running from a fri
11November 22 low at 11531 through a couple of lows until Monday's high at 11302. If price can give a clear rejection off 11302 then can do a sell to 11090 or if we get a break above 11302 then we can have a potential buy opportunity into the highs of 11871 basing on the fact that we would have witnessed a break above vivid resistance and trending above a potential double bottom neckline back in to an expanding bullish triangle.
11November 22 low at 11531 through a couple of lows until Monday's high at 11302. If price can give a clear rejection off 11302 then can do a sell to 11090 or if we get a break above 11302 then we can have a potential buy opportunity into the highs of 11871 basing on the fact that we would have witnessed a break above vivid resistance and trending above a potential double bottom neckline back in to an expanding bullish triangle.