S&P 500 Futures ( ES1! ), H4 Potential for Bullish Continuation

Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 4208.50
Pivot: 4091.75
Support: 4007.50

Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards the resistance at 4208.50, where the recent swing high is.


Alternative scenario: Price could head back down to retest the pivot at 4091.75, where the 61.8% Fibonacci line is.

Fundamentals: There are no major news.
Harmonic PatternsTechnical Indicators

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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