The S&P 500 just hit a wall at 5,074—smack in the middle of a long-term rising channel. After a steady climb since 2020, this index is flirting with a critical resistance zone (the red band). Will it break through to new highs, or is a pullback looming? The stakes are high for retail investors watching this tug-of-war. I’m curious—what’s your take on this setup?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.