US500: Aiming for ATH!

US500, Daily

In the Daily timeframe, US500 bounced off the trendline again. Price crossed the TEMA in a short-term bullish trend and is testing strong resistance. At the same time, we can see that bullish sentiment has started to increase again, with OB acting as a magnet on the upside.

• We consider buying US500 only on consolidation above 5980 and the nearest fractal with a target to 6150;