$SPX clean cup & handle breakout incoming?

The SPX token is forming a classic cup and handle pattern on the 4 hourly chart. If this plays out, we are heading much higher toward its targets.

A retest is in progress, and it is holding above the neckline, which is acting as key support. Once confirmed, the next short-term target is $1.60.

A higher high is loading with a classic bullish structure.

Are you ready for the next leg?