US100 SHORT TRADE PROJECTION
The US100 index has got a nice bullish rally since 10690 and is now on the top of 12899, we have seen seller pressure which limited the bullish rally. The recent bullish trend has played perfectly inside a channel that is now confirming a bearish breakout. Here it is expected to do a retracement back toward the key level formed close to 11600. The 61.8% of Fibonacci retracement also sits over this highlighted zone.
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