#S&P 500 ANALYSIS

The S&P 500 has recently broken out of a cup and handle pattern and is currently trending upward. Additionally, the 21-day moving average is acting as support, indicating a bullish trend.

We can anticipate a retest above the breakout level, although a downward movement is expected due to a CME gap above this breakout level. Even if the price does not move downward, we can see further upward movement in the S&P 500.