SPX500 H4: Uptrend Holds Above Key Support

Wait 5 sec.

SPX500 H4: Uptrend Holds Above Key SupportUS 500CAPITALCOM:SPX500Amelia-JonesMarket Outlook: SPX500 continues to maintain its bullish H4 structure, with price holding above the ascending trendline and consistently forming higher lows. The 7,460 area is acting as the nearest support, while 7,560 remains the key resistance level that must be cleared for the uptrend to extend. Trading Bias: The preferred scenario is to look for Buy opportunities if SPX500 continues to hold above 7,460 and prints a clear bullish confirmation signal. If confirmed, the index could move higher to retest 7,560, with the next upside target around 7,650. Invalidation: The bullish outlook will be invalidated if price breaks below the ascending trendline and an H4 candle closes decisively beneath the 7,440–7,460 support zone.