Technical Analysis and Outlook:
During the recent weekly trading session, the S&P 500 effectively reached and tested the critical Key Resistance level at 6083. It retested the completed Outer Index Rally at 6120, indicating a potential continuation of the bullish trend toward the intermediate target of 6233. However, a market pullback is anticipated due to this price action. Current analyses suggest that the designated downward target is set at the Mean Support level of 6049, with potential extensions to 5995, 5936, and the Outer Index Dip at 5878.
During the recent weekly trading session, the S&P 500 effectively reached and tested the critical Key Resistance level at 6083. It retested the completed Outer Index Rally at 6120, indicating a potential continuation of the bullish trend toward the intermediate target of 6233. However, a market pullback is anticipated due to this price action. Current analyses suggest that the designated downward target is set at the Mean Support level of 6049, with potential extensions to 5995, 5936, and the Outer Index Dip at 5878.
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Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.