The S&P 500 index, represented by the US500 pair, is exhibiting a bullish trend on the M15 timeframe. The recent price action has shown a series of higher lows and higher highs, indicating a strengthening uptrend. The momentum is further confirmed by the increasing volume, which suggests a growing interest in the asset. The price has recently broken above the resistance level of 7400, opening up a path towards the next resistance zone. The current setup supports a BUY signal, as the price is poised to continue its upward momentum. The risk-reward ratio is favorable, with a potential profit target…

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