Timgucci

US100 DAILY TF BREAKOUT TO THE DOWNSIDE - SHORT TERM BEARS

Short
CURRENCYCOM:US100   US 100
US100 has broken out from its daily ascending bull channel in what we can expect to be a short term correction. Also, price has broken through the previous support and is now heading to the new support level, we can expect reversals around 14,500 to 14,300.
I will continue to monitor price action to give an update on the validity of my bias. Good luck trading.
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