S&P 500 Remains Bullish Amid Suring Interest Rates

The S&P 500 experienced a turbulent week, dipping below several short-term trend-defining levels as markets reacted to heightened bond yields and shifting rate expectations. Despite the volatility, the overall trend remains bullish as long as the index stays above the critical support level of $5,760. The primary value area begins at $5,797, with initial resistance at $5,876 and a secondary target at $5,950.

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