SPX has broken above its resistance and the 300 day EMA

SPX has successfully managed to break above a key resistance level around 4100-4150 and in doing so has crossed over the 300 day ema. It's likely that we will see a test of the 300 day ema and resistance as a support level in the short term, but overall, this is bullish in the long run, and signals that we are back into an uptrend.