US500 STILL REMAINS BULLISH
US500 remains in a bullish trend, but the ongoing pullback suggests a potential correction toward 5840–5880. This zone, supported by the Ichimoku cloud and imbalance on a 1D TF, and could serve as a strong area for a bullish rebound. A breakout above 6,000 would confirm the next leg of the bullish rally, while a breakdown below 5,740 could trigger a deeper correction.
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Recent Move: The US500 experienced a sharp pullback from recent highs near 6000 but is stabilizing around the 5890 - 5865 support zone. If broker bellow the support the market will gain bearish momentum, otherwise the bullish momentum will remain.
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