EIGHTCAP:SPX500 As we can see a new uptrend is forming on the EIGHTCAP:SPX500 We can see that price has broken structure forming it higher high and has come back to retest that same area and also showing signs of rejections at that area so we could be looking for possible sells around that area, but if price pushes below and closes below that area we could be looking at a continuation of that former down trend