#S&P500 ANALYSIS
The #S&P 500's upward trajectory persists post-breakout from the ascending triangle pattern. It has recently exceeded its prior peak and currently maintains a position above this mark.
The Ichimoku Cloud is showing bullish momentum, with the price well above the cloud, which typically indicates a strong uptrend. The cloud itself is green, suggesting continued bullish sentiment.
So long as it sustains this level, the bullish momentum is anticipated to endure. Yet, a dip beneath this threshold could #signals a short-lived retreat before resuming the #upward trend.
