Bullish idea for the S&P 500

26 мая 2021 г.

Nice breakout over the double bottom formation. Holding over the previous resistance (now support). Might see a little pullback in the start of the next trading day. As we can see there is forming a nice consolidation and can see a hope to break even the next resistance. After that we can notice that there is no obstacles to an ATH (All Time High) to the blue trendline, which is in formation of big bearish wedge.