US500 – Strong Reversal Zone Holding | Potential Rally Ahead
US500 has once again reacted strongly from the major support zone marked on the chart — an area that has held multiple times in the past.
Buyers stepped in aggressively, preventing further downside and maintaining the broader bullish structure.
After forming a broadening wedge pattern followed by a sharp decline, price has stabilized and is now showing early signs of a potential bullish reversal.
If momentum continues building, the next upside targets are:
6,800
6,870
6,985 (major target)
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❤️
US500 has once again reacted strongly from the major support zone marked on the chart — an area that has held multiple times in the past.
Buyers stepped in aggressively, preventing further downside and maintaining the broader bullish structure.
After forming a broadening wedge pattern followed by a sharp decline, price has stabilized and is now showing early signs of a potential bullish reversal.
If momentum continues building, the next upside targets are:
6,800
6,870
6,985 (major target)
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❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.