FX.co ★ dlehner | S&P 500 Spotlight: Unraveling Market Trends with #SP500

For the US index #S&P500 we have a stable upward movement; we have essentially seen price rise to the highs of 7,522 and 7,553. Next, for #S&P500 we expect growth toward the high of 7,560. The current support level is at the low of 7,428, with a possible shift to the low of 7,485. The priority for #S&P500 remains opening long positions with targets at 7,549, 7,555, and 7,560. The initiative is clearly on the buyers’ side, and they are successfully pushing it toward the nearest price highs.