Signal US500 Buy — H4 - July 13, 2026 11:59 GMT-4
On the H4 chart the US500 has been consolidating above the 7,500‑7,540 zone, with the most recent candles showing higher closes and a tightening range. The bullish engulfing pattern formed on the last two bars, coupled with rising volume, indicates strong buying pressure that broke through the prior resistance around the 7,540 level. Momentum indicators are turning positive, and the 20‑period moving average is now sloping upward, reinforcing the emerging uptrend. Given the clear break of recent resistance and the volume confirmation, the market is primed to retest the prior swing high before targeting the next major resistance near the…