US500 reversal at RESISTANCE line and FALL

The price is following an uptrend based on a support line that has existed since November 2020. Despite several false breakouts, this line is a strong support for the price. The upper border of the trend is the September 2020 resistance line.

There also was a false breakout in February this year, but after that the price was able to fall from the line. Over the past week, the price worked out the movement, first falling to the support line 3863.6 and then rising to the resistance. And now it is close to the resistance line. I expect the price to complete the rise, touch the line at 4004.5. And then it will turn around and fall back to support 3908.0. This will be our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻