S&P500 INDEX (SPY): Waiting For The Next Move↪️The S&P500 is currently facing a resistance cluster, marked by a strong trend line and the neckline of a wide double bottom pattern.
A breakout above this area would signal a strong bullish trend.
Confirmation of this breakout would come with a 4-hour candle closing above the resistance. If this occurs, we can expect a bullish continuation towards the 5547 gap.