US500 Index Price Analysis - Bullish OutlookUS500 Index Price Analysis - Bullish Outlook
US500 broke through the top of the large structure on 19-September-24 by confirming that the bullis wants to push the index into new highs.
After 20 days in an accumulation process, the price broke out of the pattern yesterday indicating further growth.
The reason of the bullish move was related to the FOMC minutes yesterday and the US CPI data can push it up further today as shown on the chart.
You may find more details in the chart!
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