US 500
Long
Updated

US500: Resumed the Predominant Trend

1 627
US500 Resumed the Predominant Trend

US 500 index on a 4-hour timeframe, is showing upward price movement with target levels marked at 5,980 and 6,100.

The current price is indicating strong bullish momentum after the breakout of this solid triangle pattern.

The price may test the broken resistance zone again near 5730 before it moves up further.
If the price holds above key support levels, it could aim for the upper targets.

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

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade active
snapshot

US500 - Target Reached and it could rise more 🚀

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.