S&P500 Index Futures Rebounded from support on the 4H Cloud Chart! We have a rally!

 S&P500 Index Futures Rebounded from support on the 4H Cloud Chart! We have a rally!

As long as the S&P500 futures trades above the bottom end cloud chart support zone the index can rally towards the bottom end cloud chart resistance on the daily cloud chart! Critical for support to hold on the 4H cloud chart! Price action is above the cloud and that is bullish on the 4H CC.

Upside resistance targets on the daily CC towards 3866/3926, resistance levels at the front end of the cloud chart! 

Need to see price action above the cloud chart resistance to be bullish on the daily CC.

But so far on the 4H CC it looks like the market is heading into a seasonal recovery rally.

So far so good!