On the H4 chart of US500 the market has transitioned from a mid‑May pull‑back to a clear bullish re‑acceleration. After the low around 7350, price broke the 7400 barrier and established a higher‑low near 7430, while volume surged above 20k, confirming buying strength. The subsequent swing up to 7490 formed a tight bullish range, with the upper edge acting as a dynamic resistance. Volume on the last two candles contracted, indicating a pause before a potential breakout. The 7475‑level sits just above the recent swing high, providing a clean entry on a break of short‑term resistance, while the prior swing…

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