Trading zones
Zone 1 – All-Time High Supply (24,014 – 24,026)
This zone sits at the all-time high, where volatility and liquidity hunts are often at their peak. Sellers are likely to defend aggressively here, making sharp rejections common. A clean breakout and hold above would indicate strong buyer conviction and could open the door for further momentum into uncharted territory.
Zone 2 – High Liquidity Demand (23,920 – 23,930)
This demand zone represents a high-liquidity pocket created by prior consolidation. Buyers are expected to step in here on pullbacks, providing potential long setups. However, if the zone fails to hold, it may flip into resistance and trigger continuation downside moves.
With price trading near all-time highs, only two zones are marked today. Volatility at record levels makes price action less structured, leaving limited data to build reliable zones from. As a result, focus remains on the all-time high supply zone above and the high-liquidity demand zone below as the key areas for potential reaction.
Sentiment in the US100 is cautiously positive but fragile. Strong tech momentum and expectations of Fed rate cuts support the index, while softer labor data and cooling producer prices ease pressure on yields. Still, higher-than-expected CPI reminds investors that inflation risks remain, keeping markets on edge near all-time highs.
Zone 1 – All-Time High Supply (24,014 – 24,026)
This zone sits at the all-time high, where volatility and liquidity hunts are often at their peak. Sellers are likely to defend aggressively here, making sharp rejections common. A clean breakout and hold above would indicate strong buyer conviction and could open the door for further momentum into uncharted territory.
Zone 2 – High Liquidity Demand (23,920 – 23,930)
This demand zone represents a high-liquidity pocket created by prior consolidation. Buyers are expected to step in here on pullbacks, providing potential long setups. However, if the zone fails to hold, it may flip into resistance and trigger continuation downside moves.
With price trading near all-time highs, only two zones are marked today. Volatility at record levels makes price action less structured, leaving limited data to build reliable zones from. As a result, focus remains on the all-time high supply zone above and the high-liquidity demand zone below as the key areas for potential reaction.
Sentiment in the US100 is cautiously positive but fragile. Strong tech momentum and expectations of Fed rate cuts support the index, while softer labor data and cooling producer prices ease pressure on yields. Still, higher-than-expected CPI reminds investors that inflation risks remain, keeping markets on edge near all-time highs.
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.