US100 Shift in Market Structure Within the Broader Bearish TrendUS100SKILLING:US100MR_GOLD_12US100 is breaking below its recent consolidation range and transitioning into a fresh bearish impulse after failing to hold above key resistance. Sellers remain in control as price continues printing lower highs and lower lows, while downside momentum is increasing. The recent decline reflects growing risk-off sentiment as investors reassess expectations for Federal Reserve policy, elevated Treasury yields, and mixed corporate earnings. Although short-term oversold conditions could trigger a temporary rebound, the broader technical structure remains bearish unless buyers reclaim the recent supply zone. Technically, US100 is approaching a major liquidity area around 28,200. A short-term bounce into the 28,700–28,900 resistance zone is possible before sellers attempt another leg lower. Failure to defend 28,200 could accelerate the decline toward the next major support. Resistance levels: 28,700, 28,900, 29,150 Support levels: 28,200, 27,950, 27,800 A corrective rebound toward the 28,700–28,900 liquidity zone could provide sellers with another opportunity to re-enter the market. As long as price remains below this resistance area, the broader outlook favors continued downside, with 27,800 remaining the next key bearish target. Hope you found this analysis helpful. 👍 Like, Comment & Follow for more updates. Trade safe.