S&P 500 testing under key resistance line of 5000 today where multiple medium and short-term trend lines converge (see chart). A break above 2500 would be very bullish, whereas, a failure to push above this resistance level could cause a pullback with support near 2453 by mid-september before reattempting 2500 in early October.
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Note
Correction: Reference to "5000" was a typo, should be "2500"
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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.