S&P500: What's after the breakout?
The S&P500 broke-out the blue trend and hit 1975.96 which is a critical level.The benchmark will continue its rally to 2026.11 with 1994 as a primary objective, should it breaches 1986.44.
If the benchmark was meant to finish the figure's signal, by going back to 1961.7, it will re-test 1975.96 before rallying towards 2026.11.
Failing to maintain a bullish trend, by breaching 1936.95, will drive it back to 1921.36.
The benchmark's daily Pivot Point is around 1971.86. Its daily support levels are around 1960.53 and 1942.97. The daily resistance levels are around 1989.42 and 2000.75
tradingview.com/x/MJ9oVsIs/
If the benchmark was meant to finish the figure's signal, by going back to 1961.7, it will re-test 1975.96 before rallying towards 2026.11.
Failing to maintain a bullish trend, by breaching 1936.95, will drive it back to 1921.36.
The benchmark's daily Pivot Point is around 1971.86. Its daily support levels are around 1960.53 and 1942.97. The daily resistance levels are around 1989.42 and 2000.75
tradingview.com/x/MJ9oVsIs/
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