US500: Breaking Out of the Falling Channel

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US500: Breaking Out of the Falling Channel

The US500 index has finally broken out from its falling channel, signaling a potential continuation of the broader bullish trend.

After a strong recovery from recent lows, price action suggests a possible pullback to retest the breakout zone before targeting higher levels.

If momentum continues, we could see buyers pushing the index toward the 6,875 resistance zone first — and if that level gives way, the next target sits around 6,985.

Key levels to watch:
🎯Target 1: 6,875
🎯Target 2: 6,985

You may find more details in the chart!
Thank you and Good Luck!

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تم فتح الصفقة

The indices are all in a clear bullish move since last night.

US shutdown easing sends stocks higher. Stocks and indices rose on Wednesday as the US Congress appeared set to end a federal shutdown, paving the way for an end to a data fog that has fuelled uncertainty over the U.S. economic outlook.

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ملاحظة

US500- Posted Yesterday on 11-Nov-2025
🎯 Target_1 Reached