US100 will fall to support line
All my predictions for this index have come true over the past two weeks.
First, after a strong impulse of growth, the price came to the resistance line, broke it and then fell.
Then it began to grow from the support zone, where we opened a purchase.
And now it began to fall from a strong resistance zone.
The price is still under the influence of the resistance zone (intersection of two lines, one is July, the other is September).
Therefore, I expect that it will only touch the nearest resistance line (12060.2) and then fall.
Target - support line 11728.2.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
First, after a strong impulse of growth, the price came to the resistance line, broke it and then fell.
Then it began to grow from the support zone, where we opened a purchase.
And now it began to fall from a strong resistance zone.
The price is still under the influence of the resistance zone (intersection of two lines, one is July, the other is September).
Therefore, I expect that it will only touch the nearest resistance line (12060.2) and then fall.
Target - support line 11728.2.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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