US 100Short
US100-bearish bias
Bearish indications:
Bearish divergence in day time frame.
Moving average indicates bearish move.
Bearish engulfer candle from resistance.
Trend line resistance respected at 20108
LLLH formation.
Support broken at 19938
Resistance respected at 20146
Bearish divergence in 15 min time frame
Bullish indications:
Trend line resistance is broken
In 1 hr moving average is getting respected to red green candle. But it cannot be trusted.
Bearish set up from the resistance at 20150 or 20310 which is also fib 0.618 once the formation of bearish chart patterns.
Bearish divergence in day time frame.
Moving average indicates bearish move.
Bearish engulfer candle from resistance.
Trend line resistance respected at 20108
LLLH formation.
Support broken at 19938
Resistance respected at 20146
Bearish divergence in 15 min time frame
Bullish indications:
Trend line resistance is broken
In 1 hr moving average is getting respected to red green candle. But it cannot be trusted.
Bearish set up from the resistance at 20150 or 20310 which is also fib 0.618 once the formation of bearish chart patterns.
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