S&P 500: ⬆️ Buy
- S&P 500 reversed from support zone
- Likely to rise to resistance level 6900.00
S&P 500 index recently reversed from the support zone between the key support level 6600,00 (which has been reversing the price from September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the extended upward impulse from June.
The upward reversal from the support level 6600,00 stopped the previous short-term ABC correction 2 from January.
Given the strong daily uptrend, S&P 500 index can be expected to rise to the next resistance level 6900.00.





