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S&P 500 E-mini Futures

Quick bullish idea on SPX

By timhku
Without taking into account macro situation and news, just by looking at the price structure at this moment, I think the SPX could break above the downward trend line and potentially challenge the 4300 area, which is also the 618 entrancement area of the entire down wave of the bear market. But of course this is only based on price structure, not really paying attention to macro lately...also if we break up here, the H&S bottom will be confirmed as well.
Chart PatternsS&P 500 (SPX500)Trend Analysis

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