Bullish Scenario for SPX

Overall Uptrend. Higher highs and higher lows since 2009. It has had some significant retracements.
In 2018 it declined 20% for 105 days. (3 months approx.)
And it took 133 days to recover 27% (4 months approx.)

In 2020, it decreased by 35% for 35 days. (1 month approx.)
And it took 154 days to recover 67% (5 months approx.)

In 2022, it decreased by 24% for 161 days. (5 months approx.)
And it may take 4 months at least to recover. So somewhere around November, we would see a full recovery of this retracement.

As mentioned before, it is an uptrend, with higher highs and higher lows. Price is now above the blue trendline suggesting a move further up. Resistance may be at 4367 or 4566
It still is in a Daily triangle, so I avoid entering triangles. But on a weekly chart has closed above the blue trendline. Ideally, this would retrace a bit to confirm the blue trendline, but I have set 3 long strategies at the current market price.
This overview would be invalidated if the blue trendline breaks down on a weekly chart. That would suggest an overall change in trend.
Moving Averages: Bull W. Daily is Bear!
High daily and H4 RSI
Broke above a long-term Trendline
Trend: Bull in the weekly chart. Bearish in Daily chart. it could break above this and continue the uptrend
Risks:
It can break below the blue trendline.
It could use the Daily Moving Average as a resistance
Thursday’s Jobless Claims and Friday’s NFP