SPX has successfully broken out of the rounding bottom pattern, confirming a strong bullish reversal. After completing waves 1 to 4 within the upward channel, the index is now poised to advance into Wave 5.
The current momentum supports a rally toward the immediate setup target near 6,690, with an ideal continuation into Wave 5. A decisive breach of this resistance could accelerate the move toward the mid-term target around 7,278, activating a new bullish impulse.
The chart highlights key support in the buy zone and emphasizes the importance of a confirmed breakout, offering a high-probability setup aligned with the Wave progression and ongoing trend strength.
The current momentum supports a rally toward the immediate setup target near 6,690, with an ideal continuation into Wave 5. A decisive breach of this resistance could accelerate the move toward the mid-term target around 7,278, activating a new bullish impulse.
The chart highlights key support in the buy zone and emphasizes the importance of a confirmed breakout, offering a high-probability setup aligned with the Wave progression and ongoing trend strength.
Operación activa
Nota
Measured rounding bottom target
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Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.