At the moment the market is on a accumulation phase on macro. The real question here is to what extent we are on the beginning of a trend or to what extent this might be a FOBO?
So, there are potentially 2 scenarios. First, if it breaks 5361 it will give more confidence that this might be the start of the trend. Second, if it breaks 5297, it will be a FOBO and the potential objective might be up to 5175.
US500
So, there are potentially 2 scenarios. First, if it breaks 5361 it will give more confidence that this might be the start of the trend. Second, if it breaks 5297, it will be a FOBO and the potential objective might be up to 5175.
US500 
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