All Eyes On the 4H EMA 200 US SPX 500OANDA:SPX500USDinchartswetrustHello everyone 🌴☀️ In Friday’s post, I pointed out that “the price is doing everything it can to find support around the 4H EMA 200, and the next move will be decided here.” 🎯As of today, we can already say that the 4H EMA 200 support level was identified very accurately, as the price is still trading right around this area ahead of the U.S. market open. As long as this level continues to hold, the scenarios outlined previously remain unchanged. 🦬🚀Bullish scenario: If the index manages to hold above the 4H EMA 200, I expect the move to continue toward the 7555 level. Then, if SPX breaks above and firmly establishes itself above 7555, I expect the rally to accelerate toward the all-time high at 7625. 🐻🪓Bearish scenario: If the 4H EMA 200 is broken with strong bearish momentum, the next key support levels become: - 7300 — Local horizontal support - 7200 — Area of the 1D EMA 100 - 7000 — Previous ATH Peace 🌄 ⚠️ Disclaimer: All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risk and make your own decisions.