The S&P 500 has broken out of an inverse head and shoulders formation, targeting approximately $7,300 within three months. The MACD shows strong bullish momentum with a recent crossover above the signal line. The price is holding above the 21-day EMA, further confirming bullish momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.