SPX/ ASCENDING

Updated
Generally, the direction is uptrend

Uptrend Side: The price has risen and entered a stable high consolidation zone, which may influence the price to move sideways. A breakthrough above the last resistance level of 6099 could signal a move toward higher levels. However, before any upward momentum can be sustained, a brief correction around 6026 is necessary to build positive momentum.

Downtrend Side: Declines are expected to commence if the price falls below 5997.

Tendency Keys: 5997
Trade active
As previously mentioned regarding the correction, the price has now completed its corrective phase and is expected to attempt an upward movement.

snapshot
Trade closed: target reached
The S&P 500 price is expected to fluctuate between 6,099 and 6,026. It is advisable to wait for the price to break through either boundary. As long as the price remains above 6,026, it is likely to rise toward the last resistance level or potentially reach a new high.
Note
the spx price from support of 6026 will rise to 6049 and above it to 6065.
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