BB-KC Squeeze Forming on 1hr S&P500

FX:SPX500   S&P 500 Index
There is currently a strong squeeze building on the S&P500             60min chart. This combined with weakening short, mid, and long term momentum indicators leads to a slightly bullish position. If breakout occurs to the downside expect a strong run to 2075 support level with a breakout to the upside being short lived.
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