US100 Price Action Insight

US100 Price Action Insight

In recent analysis, we’ve seen the US100 drop multiple times last month by around 3.5% to 4%, but each time it quickly bounced back, showing that these moves were simply buying opportunities during deep pullbacks.

This time, the index fell by about 4.3% due to fears over new tariffs on August 1st, but it's already recovering, which suggests that the bullish trend remains intact.

If momentum continues, US100 could retest the highs near 23,680, and potentially break above to 24,000 or even 24,500.

You may find more details in the chart!
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