SP500: Top or Flop?

After making significant gains, the S&P500 falls short of rising above the resistance line at 4711 points, which approves that this is an important mark. We expect the course to extend gains into the white area. However, an alternative drop ist possible, too. Here, the index would be in a bigger correction until the blue area is reached.

Exciting times!
Chart PatternsindexindextradingTechnical Indicatorssp500analysissp500endekssp500futuresp500indexsp500longsp500signalsWave Analysis

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