Stock Futures Break Out: New Highs Likely.

4 hour chart of S&P 500 Futures is clearly showing resistance @ 2747.50

My custom support resistance indicator lines show decent places to enter or exit.

The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.

If your instrument closes below the Red line, we think about Shorting.

For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts).