Signal US100 Buy — H4 - June 11, 2026 13:58 GMT-4
On the US100 H4 chart the market has been carving a descending channel since the sharp drop to 28,481 on 2026‑06‑10. The corrective swing that followed showed a series of higher lows – 28,820, 28,736, 28,973 – each supported by solid volume spikes (140k‑150k contracts), indicating that buyers are stepping in at each pull‑back. The most recent candles have closed above the 28,700‑28,800 support zone, and the price action is now forming a bullish engulfing pattern around 28,900, suggesting a potential reversal. Momentum indicators are turning positive, and the broader daily trend remains up‑biased, with the index still well above…