S&P500 Rebounded from key cloud chart support zones! So far so good!

S&P500 Rebounded from top end cloud chart support zones! So far so good!

S&P500 rebounded from a key cloud chart support zone on the 4 hour chart as well as the top end cloud chart levels. So far so good. As long as the S&P500 keeps trading above the bottom end cloud chart support zone the rally remains ok. But any price action below the cloud will change the outlook from bullish to bearish.