The S&P 500 index on H4 timeframe shows a strong bullish trend with consecutive higher closes and increasing volume. The last few candles have formed a rising channel, with the most recent close at 7475.29 breaking above key resistance levels. Notably, the volume spike at 7475.29 confirms robust buying pressure, aligning with the breakout pattern. The price action has been consolidating near prior highs, suggesting a potential continuation of the uptrend. Support at 7389.07 (previous low) acts as a critical floor, while the higher TP level at 7619.93 reflects the potential for further gains if the trend sustains. The current…

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