The S&P 500 continues its upward climb after breaking key resistance levels. The Ichimoku cloud paints a bullish picture, but a recent MACD crossover hints at a potential slowdown in momentum.
A retracement might be on the horizon before the next leg up. Remember, the S&P 500 often moves in tandem with the crypto market, so keep an eye on that space as well.
Key levels:
Resistance: 4100, 4200
Support: 4000, 3900
This is not financial advice. Please do your own research before making any investment decisions.
#S&P500 #StockMarket #Analysis
A retracement might be on the horizon before the next leg up. Remember, the S&P 500 often moves in tandem with the crypto market, so keep an eye on that space as well.
Key levels:
Resistance: 4100, 4200
Support: 4000, 3900
This is not financial advice. Please do your own research before making any investment decisions.
#S&P500 #StockMarket #Analysis