#S&P 500 ANALYSIS


S&P 500 is continuing its #bullish #move inside the long-term ascending channel on the weekly timeframe. Price has now reached the upper resistance trendline, where a short-term rejection or consolidation could occur. The Ichimoku Cloud is showing #bullish momentum, the overall #trend remains bullish. A clean breakout above the channel resistance could trigger another upward expansion. #crypto
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