The S&P 500 maintains bullish momentum as long as it trades above 6022. The next bullish target is 6099, indicating consolidation between 6022 and 6099 until a breakout occurs. A breakout above 6099 could result in a new record high before the end of the year.
For a bearish trend toward 5971, a 4-hour candle must close below 6022.
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