US 100

US100 Rally Supported by Fed Expectations and Cooling Inflation

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US100 Rally Supported by Fed Expectations and Cooling Inflation

From our last analysis, indices have continued to rise. The US100 already hit the first target and is now close to the second one.

With the market expecting multiple Fed rate cuts this year, bullish momentum stays strong and shows no clear signs of reversal.

This outlook is also backed by easing inflation data. Still, we should be cautious — since the move has already played out, it may be wise to secure profits before the FOMC meeting.

The US100 could rise further once the outlook becomes clearer, but it may also take some time before reaching new highs.

Next targets: 24,500 and 24,750.

You may find more details in the chart!
Thank you and Good Luck!

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Previous analysis:

US100: Price Action Analysis Based On Historical Movements
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US100 Hits All-Time High


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