US100 Is Going Up! Buy!

Here is our detailed technical review for US100.

Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The price is testing a key support 13229.4.

Considering the today's price action, probabilities will be high to see a movement to 13730.2.

P.S
We determine overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.

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