Indeks S&P 500Long
SP500 Climbs to 56th Record High of2024:Bullish MomentumContinue
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S&P 500 Technical Analysis
The S&P 500 has soared to its 56th record high of 2024, closing at an impressive 6,070!
The index's relentless rally shows no signs of slowing, marking yet another historic milestone as anticipated in our previous analysis.
At present, the market exhibits strong bullish momentum, pointing toward a potential move to a significant resistance zone around 6,140. As long as the S&P 500 remains above 6,060, the bullish trajectory is likely to persist, with upward targets at 6,104 and 6,143. However, a decisive 4-hour candle close below 6,058 could shift sentiment to bearish, potentially driving the index toward the 6,022 level.
Key Levels:
Pivot Point: 6058
Resistance Levels: 6104, 6143, 6185
Support Levels: 6022, 5971, 5932
Trend Outlook:
The broader trend remains firmly bullish, underpinned by strong momentum and the recent record-breaking performance.
The S&P 500 has soared to its 56th record high of 2024, closing at an impressive 6,070!
The index's relentless rally shows no signs of slowing, marking yet another historic milestone as anticipated in our previous analysis.
At present, the market exhibits strong bullish momentum, pointing toward a potential move to a significant resistance zone around 6,140. As long as the S&P 500 remains above 6,060, the bullish trajectory is likely to persist, with upward targets at 6,104 and 6,143. However, a decisive 4-hour candle close below 6,058 could shift sentiment to bearish, potentially driving the index toward the 6,022 level.
Key Levels:
Pivot Point: 6058
Resistance Levels: 6104, 6143, 6185
Support Levels: 6022, 5971, 5932
Trend Outlook:
The broader trend remains firmly bullish, underpinned by strong momentum and the recent record-breaking performance.
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SP500
Live Update
The price recorded a new ATH and still running to get more gains around 6143 for this week.
so as long as trades above 6058 mean bullish trend toward 6143, however, this is the range for this week
bearish correction will be available till 6058
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Urgent News ⚡️:
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