US100 growth to resistance

٦ يناير ٢٠٢١

The price is moving in an uptrend.
The guiding lines are the support line (July 2020) and the resistance line (February 2020).
In November, the price touched the resistance line 12446.5. Has fallen to support.
And she began a new growth from her.
At the beginning of this week, the price touched the resistance 12974.4 again.
And, like last time, fell from her. She is now halfway to support.
The support line guides the price in an upward trend.

The last breakdown happened in November.
I don't think the price will break the line.
I expect the price to touch the support 12397.4.
And it will rise back to resistance.
Target - 13115.6.

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