On the weekly chart, SPX had a bounce off support and is currently at the axis line. This may suggest a potential pullback for a bullish continuation. 4800 maybe a near-time psychological resistance, with 5,000 as all-time high and a major resistance at end of 2022.
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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.