After a strong recovery from April lows, US equities have climbed back into a major resistance zone around 4,555. Price recently retested the 4,435 level and bounced strongly, suggesting bullish momentum may be building.
Support at: 4,435.04 🔽, 4,344.51 🔽
Resistance at: 4,555.95 🔼, 4,650.00 🔼, 4,760.00 🔼
🔎 Bias:
🔼 Bullish: Sustained break and daily close above 4,555.95, targeting 4,650 and beyond.
🔽 Bearish: Rejection from this resistance zone and a close below 4,435.04 could trigger a retracement toward 4,344.51 or lower.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 4,435.04 🔽, 4,344.51 🔽
Resistance at: 4,555.95 🔼, 4,650.00 🔼, 4,760.00 🔼
🔎 Bias:
🔼 Bullish: Sustained break and daily close above 4,555.95, targeting 4,650 and beyond.
🔽 Bearish: Rejection from this resistance zone and a close below 4,435.04 could trigger a retracement toward 4,344.51 or lower.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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