In the H2 timeframe, US500 moves within a rising wedge and tests its upper border.
The 100-MA crosses the 200-MA confirming the power of a bullish trend. However the breaching bewlo the patterns border will signa a trend reversal:
- If the US500 breaks above the 5730 resistance it will continue the bulish trend to the ATH at 5820;
- If the price breaks above the lower border of the wedge, it may decline to 5670 support.
