Title:S&P500 H4 Breaking through 1st Resistance?TypeBullish BouncePreference:The current price is between the pivot line, at 4535.74, which is overlap support, and the 1st resistance at 4568.86, a pullback resistance. Price could bounce off the pivot and reach the 1st resistance.Alternative scenario:The current price will break through the pivot and fall to the 1st support level, at 4465.32 which is a pullback support.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
