The structure still favors upside as long as $SPX price holds above the reclaimed breakout zone. Buyers are defending former resistance cleanly, which keeps continuation in play rather than a full pullback.

Trade setup (long)

entry: 0.495 – 0.505

targets:

• 0.520

• 0.545

• 0.580

stop loss: 0.470

As long as $SPX holds above the 0.49 area, bullish continuation remains valid. Manage risk properly and let price expand toward higher liquidity.