US500 (S&P 500) 1-hour chartUS 500CAPITALCOM:US500Gilbert_charlesBased on the technical analysis of the provided US500 (S&P 500) 1-hour chart, the price has formed a classic Falling Wedge breakout followed by a clear support base. We are currently seeing a rebound from the demand zone at 6,821.4, indicating strong buyer interest. The probability for this setup is high due to the confluence of multiple technical factors: Falling Wedge Breakout: Historically a high-probability bullish reversal pattern. Confirmed Support: The price has tested the 6,821.4 level multiple times (4 grey arrows), confirming strong demand. Trend Alignment: The "Blue Rebound" trajectory follows the broader market recovery sentiment.