US500 - New Highs, Watching 6,150–6,000 📈🔑

[theSignalyst]

US500 remains overall bullish on the weekly, climbing within a rising channel and printing fresh ATHs. Price is now pressing the channel’s upper band after a strong leg up.

The 6,150–6,000 zone is key . It’s prior resistance turned support and aligns with the mid-channel area—clean confluence for dip buyers. As long as this zone holds, I’ll look for continuation toward the channel top next .

If 6,000 fails, a deeper weekly correction toward 5,000 then 4,800 could follow before bulls try again. Until then, structure favors the upside.

What’s your move—buy the retest into 6,150–6,000 or wait for a deeper pullback?

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

[jacson4]

Nice confluence call — mid-channel + support flip makes 6,150–6,000 a key battleground.

[Nahid10]

Agree, as long as bulls defend 6K, upside momentum stays intact.