US100, H2
In the H2 time frame, US100 navigates within an ascending channel and aims to breach below the lower border of the pattern. The Momentum oscillator crosses the 100-line, potentially indicating a bearish momentum.
- If the price rebounds from the 19500 support, US100 will rise to 20500 resistance;
- A breaching below the 100 Fibonacci ratio will drop the price to 18720 support.