Signal US100 Sell — H4 - June 17, 2026 03:12 GMT-4
The Nasdaq 100 index on H4 has exhibited a clear bearish trend, with price action consolidating between 30306.35 and 30592.25 over the past week. The recent close at 30554.3 marks a significant breakdown below the key support level of 30504.15, which has acted as a psychological barrier. This decline coincides with a notable contraction in volume on the prior candle (47742), suggesting weakening buying pressure. The formation of lower highs and higher lows indicates a potential reversal in the uptrend, with the current structure favoring a continuation of the downtrend. The price is now poised to test the critical support…