US100 broke down from and ugly variation of a bearish Head & Shoulders pattern. It is ugly because the price moved up and down for a long time without any clear direction.
Despite the strong trend now we can see US100 below the neckline of the pattern showing for further price decline.
Considering that the trend is still bullish and strong probably US100 may hesitate to move down quickly. Just be patient.
You may find more details in the chart! Thank you and Good Luck!
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I appreciate your detailed analysis of US100, highlighting the bearish Head & Shoulders pattern and the current below neckline position. Your suggestion of a possible further price decline while acknowledging the strong bullish trend encourages a thoughtful and patient trading approach. The insights provided are valuable, keep up the great work!