SPx - Price Surge, Key Levels, and Market Volatility Ahead

S&P 500 Technical Analysis:

The price pushed up about 3% as we mentioned and still running to get 5673 ATH by breaking of 5616.

So now it's possible to do a retest till 5573 and then push up to break 5616, otherwise stability above 5616 will support rising to get ATH


Key Levels:

Pivot Point: 5616
Resistance Levels: 5640, 5672, 5700
Support Levels: 5573, 5526, 5455

Expected Trading Range: 5672 - 5526

Additionally, with the Consumer Price Index (CPI) delivering strong results and an anticipated rate cut next week, the market is likely to experience significant volatility.

previous idea: