Tech stocks from the United States are top gainers during today’s session. US100 is currently outperforming other major indices as US 10-Year Treasury yield fell below 1.60% mark again. Taking a look at H4 interval, US100 managed to climb above an important resistance near 13,735 pts. Earlier this week bulls were not able to break above this threshold, even though they tried several times. One cannot rule out that buyers aim at 13,800 pts now (local highs from May 7 and lows from mid-April marked with blue circles on the chart). Breaking above this level might be a milestone for buyers as it could actually pave the way towards all-time highs. On the other hand, the 13,520 pts mark remains an important support for now.
US100, H4 interval. Source: xStation5
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
