#US100 ANALYSIS ๐
Overall bias: Neutral to mildly bearish in the short term, within a larger range.*
Price structure:
Price has been consolidating between about 29,400 and 29,780 after a sharp drop and a bounce from the 29,100 area.
The last candles rejected the 29,780 supply/FVG zone and formed lower highs. Several red candles in a row have pushed price back toward the middle of the range.
Support is the FVG near 29,470โ29,500, with the 29,300โ29,400 FVG below it. Resistance is 29,680โ29,780
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