US100 | BREAKOUT FROM FALLING WEDGE

US100 was trading in bearish trend which is well respected by falling wedge. Recently it has broken it and trading above it. The key area for bulls is to break above resistance zone. If price successfully sustain above it then long positions can be taken. While any rejection from mentioned level will push index back to risisng trendline. While any break below risisng trendline will bring bears in control.

Trade your levels accordingly.