The US500 H4 chart displays a strong bullish trend with recent price action consolidating above critical support at 7400. The last three candles show a steady climb, closing near or above the prior highs, indicating institutional buying pressure. Volume spikes in the final candle (13300) confirm the strength of the upward move, aligning with the breakout from a consolidation phase. The current close at 7475.29 sits near the high of the previous session, suggesting momentum is building toward testing the 7493.31 high as a key resistance level. With the index trading above its 50-period moving average and the bullish engulfing…

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