S&P500 futures bounced on a major trendline as expected

In a previous post, I explained that S&P500 was approaching a major cluster of supports (trendline + horizontal support area + fibonacci) and I was expecting some kind of upward reaction in that area.

Well, I wasn't disappointed since the S&P500 almost perfectly bounced on that trendline which sets the pace of the bull market since 2009.

Now the big question is whether this trendline will hold or not.
Trend Analysis

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