A combination of upbeat economic data from the Fed and renewed optimism from Trump’s trade announcements fueled a powerful bullish rally on the US100. Price broke above the 23,450 🔼 resistance after reclaiming the 23,300 🔽 zone, leaving behind a strong V-shaped recovery from 23,200 🔽.
Support Levels: 23,450 🔽, 23,375 🔽, 23,300 🔽
Resistance Levels: None locally – price is printing new highs
Bias:
🔼 Bullish: Holding above 23,450 could support further upside. A clean retest may offer continuation entries.
🔽 Bearish: A drop back below 23,450 would weaken the rally and may open the path to 23,375 or 23,300.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support Levels: 23,450 🔽, 23,375 🔽, 23,300 🔽
Resistance Levels: None locally – price is printing new highs
Bias:
🔼 Bullish: Holding above 23,450 could support further upside. A clean retest may offer continuation entries.
🔽 Bearish: A drop back below 23,450 would weaken the rally and may open the path to 23,375 or 23,300.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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