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US500 May Reach 5000 Soon

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CAPITALCOM:US500   US 500
US500 May Reach 5000 Soon

The Price created a new All-Time High during the previous week.

We can see a weekly candle above the structure zone and this suggests a
bigger bullish wave.

if the price will manage to hold above the large zone we can see US500 to test 5000 soon.

This can be supported also by this bullish breakout and the fact that the price was never in this zone before and the market can anticipate further upside.

You can watch the analysis for further details!

Thank you and Good Luck!

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