Technical Analysis – US 100 index may confirm positive bias above 8,714

The US 100 stock index (cash) rebounded near the one-month old ascending trendline and the  8,300 level on the four-hour chart, saving its uptrend from a disruption. The price also managed to find some footing on the upper surface of the Ichimoku cloud but resistance around 8,714 is currently blocking the way north. Technically, there […]