The S&P 500 (US500) on H4 timeframe shows a strong bullish setup. Recent candles highlight a consolidation phase between 7365 and 7493, with the last three closes forming higher lows and higher highs, indicating accumulating momentum. The entry at 7475.29 coincides with a high that broke above the prior resistance at 7493.31, confirming a potential trend reversal. Notably, the volume spike on the entry candle (13300) validates the strength of the breakout, suggesting institutional participation. The recent close at 7493.31 aligns with a key support-turned-resistance level, acting as a catalyst for the uptrend. With the price currently above the 7475.29…

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