VukosiForex

US100: Developing Sell Setup, Awaiting Confirmation.

Short
CURRENCYCOM:US100   US 100
This analysis is based on current market behavior. We are seeing a test of a key 1h support.

If we break and close below this level, this will be a confirmation signal that bearish sentiment still exists in the market.
How I will look to trade this is by waiting for a retest of this key area and shorting the market till we get to prices lower, possibly holding till we touch last weeks low.
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