US100 Price Update – Clean & Clear Explanation

Sep 7

US100 is currently trading around 29,580, after showing rejection from the 29,600–29,650 resistance/range area. Price remains inside a rising structure, but the recent rejection suggests that sellers are becoming active near the upper range.

If this resistance continues to hold, I can expect a bearish pullback toward 29,500 first a confirmed break below this level could open the way toward 29,400, followed by 29,240 and potentially 29,100 as the next downside support levels.

On the upside, if US100 breaks and closes strongly above 29,650, the bearish pressure could weaken and price may retest the 29,700–29,775 major resistance zone a clean breakout above this area would signal stronger bullish continuation.

Overall: US100 is at a critical decision zone the 29,600–29,650 resistance is key for sellers, while 29,500 is an important support level a rejection favours downside targets, while a confirmed breakout above resistance could shift momentum back toward the upside.

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Sep 8

Trade active