US500: Bull Run Continues – Riding the Trend Higher

Market Scan

US500 maintains its strong bullish trend, currently trading at 6073.72. "The trend is your friend." Price action is firmly above the day's low of 6038.14, indicating robust buying pressure. This +0.39% daily change confirms momentum.

The Setup

My play is long US500. Entry at 6065. Stop Loss set at 6022, protecting below recent support. Target is aggressive at 6172, aiming for a push beyond the 6109.31 resistance. We're looking for positive market sentiment to drive this higher.

Final Thoughts

Watching closely. This is a scalp, quick in and out. Expecting a strong push through resistance levels.