S&P 500, More Gains Coming...
Updated
S&P 500 Closes at Record Highs
The S&P 500 index closed at all-time highs on Monday as markets assessed comments from three Federal Reserve officials regarding the central bank's recent monetary policy decisions.
Technically: The S&P 500 has reached the bullish target we previously identified, Now The bullish trend will continue towards another ATH, provided the price remains above 5731 and 5708.
However, a bearish trend will be confirmed if the price breaks below 5675.
Key Levels:
Pivot Line: 5730 - 5708
Resistance Levels: 5784, 5805, 5890
Support Levels: 5675, 5643, 5621
Trend Outlook:
Bullish Trend: Above 5730 and 5708
previous idea:
Trade active
SPx
update
The price is still running to get 5784 while above 5708 and 5731
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