The S&P 500 Index (SPX) has been following a strong upward trajectory, consistently forming higher highs (HH) and higher lows (HL), indicating a bullish trend.
However, the price is now approaching a rising trendline that has acted as a key resistance multiple times in the past.
However, the price is now approaching a rising trendline that has acted as a key resistance multiple times in the past.
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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.