US100

By Mhangwane1
We reached a low we haven't reached since July 2020. Around the peak of the rona, which we could use as an extra piece of information. Moving down to the 4H, I see a reversal from the bearish trend in the form of a bull channel (2 touches both on the top & bottom). So I am waiting for the move down to complete before making any moves on this one. 1H, we had a break upwards which reached the previous high and started turning. Therefore either the "double top" will complete itself or a fail will happen and the bulls will come in to keep pushing it up.

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