US100 on the H1 chart has been in a sharp bullish rally that peaked around 24575.3 before a pronounced retracement began. The index recently formed a double‑top pattern, with the first peak near 24420 and the second near 24453, signalling a potential reversal. Volume surged during the rally (over 30k) but tapered off on the pullback, indicating a weakening of buying pressure. The current close around 24188 sits below the recent highs, and the price is now trading within a range defined by a resistance at ~24400 and a support near 23700. This setup supports a bearish stance: a sell…

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