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US100 Hits All-Time High
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US100 Hits All-Time HighYesterday, US100 reached a new record high at 24040, confirming the strength of its bullish trend.
With U.S. inflation cooling, the market is now expecting the Federal Reserve to cut interest rates, possibly starting this cycle and continuing in the months ahead.
Lower rates tend to support stocks and indices, giving the economy room to breathe after a long period of tight monetary policy.
I expect US100 to continue rising toward 24500, with intermediate targets at 24250 and 24500 in the coming week.
You may find more details in the chart!
Thank you and Good Luck! -
@TradingPuzzles hmm what is a US100?
@lingriiddd Perhaps one of the major US indices
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@lingriiddd @TradingPuzzles
US100 keeps proving its bullish strength! Cooling inflation + possible Fed rate cuts are a powerful combo.
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@lingriiddd @TradingPuzzles
US100 keeps proving its bullish strength! Cooling inflation + possible Fed rate cuts are a powerful combo.@Nahid10 Definitely yes:) Let's see for further growth
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US100 - what is this ?
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Fresh highs backed by cooling inflation — momentum’s got fuel. Eyes on 24,250 then 24,500, but discipline stays the driver.
Also this analysis perfect.
I agree with you mate.
