📈 The S&P 500 (
SP500) just bounced cleanly off the long-term trendline that has defined this bull market since the COVID low in 2020.
🟢 Touchpoints:
March 2020 🦠
June 2022 (inflation bottom)
October 2023 (Fed pause)
Now again in 2025
That’s four successful tests in five years. Price action suggests that this trendline remains the key support for bulls — as long as it holds, the trend remains intact.
But if it breaks in the future… buckle up.
SP500) just bounced cleanly off the long-term trendline that has defined this bull market since the COVID low in 2020.🟢 Touchpoints:
March 2020 🦠
June 2022 (inflation bottom)
October 2023 (Fed pause)
Now again in 2025
That’s four successful tests in five years. Price action suggests that this trendline remains the key support for bulls — as long as it holds, the trend remains intact.
But if it breaks in the future… buckle up.
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.