Signal US100 Sell — M5 - June 21, 2026 18:26 GMT-4
The M5 timeframe for US100 (Nasdaq 100 index) reveals a sustained downtrend with declining highs and lows, supported by lower closing prices and moderate to high volume. Recent candles show a breakdown below key support levels, with the close at 30311.6 marking a pivotal low. The price action has been consolidating near this level, but the recent decline from the prior high of 30383.95 suggests a bearish reversal. Volume remains elevated during the downtrend, indicating strong selling pressure. The current setup aligns with a sell signal as the price has failed to sustain above the 30348.48 resistance, creating a clear…