S&P 500 Maintains Bullish Trend After Successful Retest, Targets 5412
The S&P 500 (SPX) has stabilized within a bullish trend by holding above 5,327, targeting 5,363 and 5,412 soon, especially after the successful retest it completed yesterday. The current volatility and technical indicators continue to suggest bullish momentum.
Bullish Scenario: As long as the price trades above 5356, it will support a bullish trend toward 5412
Bearish Scenario: the price should drop to stabilize under 5327 to be downtrend toward 5260
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