S&P 500 IndexShort
SP500: Outlook for a new high at 5100 before the crash.
Updated
On the U.S. stock market front, there has been a significant increase in the S&P 500 index, which closed the session with a gain of 0.76% compared to the values before January 29. The opening was in line with the closure of the previous session, but during the day, there was a strengthening, culminating in the closure near the day's highs.
Analysis of Status and Trend:
From a short-term technical perspective, the Standard & Poor's 500 index shows an expansion of positive performance in the curve, with the first resistance area identified at 4,949. There is a potential risk of correction towards the target level of 4,885.7. The forecasts indicate an increase in the bullish trendline towards the resistance area of 5,012.4.
Analysis of Status and Trend:
From a short-term technical perspective, the Standard & Poor's 500 index shows an expansion of positive performance in the curve, with the first resistance area identified at 4,949. There is a potential risk of correction towards the target level of 4,885.7. The forecasts indicate an increase in the bullish trendline towards the resistance area of 5,012.4.
Note
Perfect weekly reaction at the high levelNote
$5100 Price is going there!Note
$5100 is always closer
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