The S&P 500 is currently approaching a key support zone, suggesting potential for continued bullish momentum if the price holds above this area. If the price holds above 6,250 and bounces back, it may retest the 6,400 level, with the possibility of breaking higher.
The uptrend structure remains intact as long as price stays above 6,250. A strong rebound from this support would reinforce buyer control and momentum continuation.
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The uptrend structure remains intact as long as price stays above 6,250. A strong rebound from this support would reinforce buyer control and momentum continuation.
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