3 min readS&P 500 (SDX):
The S&P 500 continues its upward momentum, reaching new all-time highs. It is currently trading above $6,000.00.
A closer analysis of the technicals highlights how effectively the price has respected the previously identified levels. The price retraced into this internal support area, which had previously acted as resistance. The RSI indicator currently reflects a neutral stance, indicating that the price is neither overbought nor oversold at this time.
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