#S&P 500 ANALYSIS
The S&P 500 Index has been in a robust upward trend, confined within a rising wedge pattern. Recently, it broke the upper boundary of this wedge after retest the horizontal resistance zone, indicating potential further upward movement.
The Ichimoku Cloud and 21MA beneath the price action reinforces supportive bullish momentum. This alignment of indicators suggests strong market sentiment, with the potential for continued gains.
