US100

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US100US Tech 100 Index CashFPMARKETS:US100Nathan_BrookUS100 has broken below its descending trendline support and is now trading inside a strong bearish market structure. The recent sell-off confirms that sellers remain in control, while the current bounce looks like a pullback into a key supply and liquidity zone rather than a trend reversal. Technically Price is currently retesting the 29,350–29,550 resistance zone, where previous support has turned into resistance. This area also aligns with a bearish order block and fair value gap, making it a high-probability rejection zone. We expect selling pressure to increase if price fails to reclaim this resistance. A rejection from this area could trigger the next bearish leg and continue the move toward fresh liquidity lows. f you found this analysis valuable, don’t forget to drop a like and share your thoughts in the comments. Your feedback is always appreciated!