US 100 Keeps Pushing Forward

Market Analysis – July 19

US 100 keeps pushing forward, making serious gains in the market. The market has been on an impressive run since March, and as a result of strong buying power, the index has surpassed the 15,309.00 key level. This bullish move was followed by a series of pullbacks; nevertheless, the bulls have remained in control and managed to push the index forward. Notably, this has been largely attributed to the Moving Average indicator, which has been acting as a support level, allowing the bulls to bounce back off it and keep the index trending upwards.

This has been largely attributed to the Moving Average indicator, which has been acting as a support level, allowing the bulls to bounce back off it and keep the index trending upwards.

US 100 Key Zones

Resistance Zones: 15,309.00, 14,688.50
Support Zones: 13,582.10, 14,242.70

US 100 Long-Term Trend: Bullish

Given these points, the recent positive performance of the US 100 has been encouraging for traders and investors, signifying that the index continues to make serious gains in the market. This is a positive sign that the bulls are still in control and as a result, they could continue pushing the index higher. This could be an opportunity for traders to capitalize on the current market conditions and thus, potentially open up some lucrative investment opportunities.

The market is currently in a strong position, and it’s expected to remain bullish in the coming weeks. Investors should keep an eye on the index and be ready to act on any potential opportunities that may arise. The US 100 market is looking to take on fresh highs as buyers continue to make progress, pushing the market into a bullish trend. The Parabolic SAR (Stop and Reverse) indicator has been showing bullish signals, suggesting that the bulls are still in control and ready to make their move.

US 100 Short-Term Trend: Bullish

On the 4-hour chart, the bulls can be seen taking a break but are still preparing for their next move. This bullish sentiment has been further reinforced by the increasing buildup of bulls in the market. This buildup suggests that the market is likely to continue to move hishortlyuture. Traders should look to capitalize on this bullish momentum by opening long positions.

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