Signal US500 Buy — H4 - June 24, 2026 22:02 GMT-4
On the H4 chart of US500 the market has been carving a classic higher‑high/higher‑low structure since the early June swing low around 7260. After a sharp rally to the 7420‑7440 zone, the index tested the 7500‑7540 resistance, peaked near 7594, and then retreated to the 7410‑7430 range, establishing a new swing low around 7400. The most recent four‑hour bars show a small bullish engulfing pattern, with the close above the prior open and volume rising to over 40k contracts, confirming buying pressure. Given the intact higher‑low at roughly 7410 and the stop placed just below the prior swing low near…