Us500 Remains bullish

19 Kas

The US500 is exhibiting strong bullish momentum following a rebound from a key support zone around 5850, which aligns with prior consolidation levels. This support is further reinforced by the upward sloping moving averages beneath the price action, signaling sustained buying pressure.

A decisive breakout above 5900 could open the door for further gains, with the 6,000 psychological resistance serving as the next key target. Conservative traders may prefer waiting for a retracement toward 5864 or a retest of 5850, accompanied by clear bullish rejection signals.