Title
SPX500USD H4 | Bullish bounce off pivot?

Type
Bullish Bounce

Preference:

Price could bounce off our pivot point at 4371.9, which is a pullback support level. If price bounces off our pivot point, then price could potentially continue its bullish run to the 1st resistance level at 4398.7, which is a swing high resistance level.

Alternative scenario:
If price breaks below the pivot point, then price could fall to the 1st support at 4350.9, which is a swing low support level.

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