Signal US100 Sell — M5 - June 21, 2026 18:42 GMT-4
On the US100 M5 chart the market has been carving a descending channel since the 30280–30320 range. The last three candles closed lower, each opening near the prior high and failing to retest the 30300 resistance. Volume has tapered from the 2,500‑2,400 level seen during the 30340 rally to sub‑1,200 levels, indicating waning buying pressure. The 30292‑30300 zone now acts as a short‑term resistance, while the 30070‑30050 area forms the nearest strong support, as evidenced by the bounce on the 30071‑30100 candles earlier in the session. A break below 30290 with the current momentum suggests the down‑trend will likely resume…