US100 Price Update – Clean & Clear Explanation

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US100 Price Update – Clean & Clear ExplanationUS100SKILLING:US100Pintu_sahu01US100 remains under bearish pressure after a strong impulsive sell-off. The recent rebound appears to be a corrective pullback rather than the start of a new uptrend. Price is currently testing a key resistance area where a descending trendline, previous supply zone, and short-term liquidity all align. Fundamentally, traders are also waiting for fresh economic catalysts. Uncertainty surrounding Federal Reserve interest rate expectations, upcoming U.S. economic data, Treasury yields, and overall market sentiment is limiting bullish momentum. If stronger-than-expected U.S. data is released, it could strengthen the U.S. dollar and increase pressure on equity indices like US100. On the other hand, weaker data or dovish Fed expectations could trigger a breakout above resistance and fuel a move toward 28,800 and 29,100. From a technical perspective, the market is still making lower highs and lower lows, keeping the overall bearish structure intact. Unless price breaks and holds above the 28,600–28,650 resistance zone, sellers are likely to remain in control. A rejection from this area could send price back toward 28,300 and the major support around 28,150–28,100. This analysis is shared for educational purposes only and should not be considered financial advice.