US100 – Relief Rally Into Resistance, Downside Pressure RemainsUS100SKILLING:US100MR_GOLD_12US100 has been trading inside a corrective phase after failing to reclaim the upper boundary of the consolidation zone and price toward the 27,200–27,500 support area, where buyers stepped in and created a short-term rebound. Tecnically is currently caught between two forces: a short-term relief rally after the recent decline, and the continuation of the broader bearish structure. The market still needs a strong catalyst to shift momentum decisively. Recent Nasdaq weakness has been linked to pressure around key technical levels and changing rate expectations. Resistance levels: 28,400 / 28,700 / 29,200 Support levels ; 27,500 / 27,200 / 26,600 The market is now approaching a key decision zone around 28,400–28,700 resistance, which aligns with the previous trading range boundary. A rejection from this area could confirm another bearish continuation, while a strong breakout and acceptance above resistance would weaken the downside scenario. Hope you found this analysis helpful. 👍 Like, Comment & Follow for more updates. Trade safe.