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S&P 500 at Resistance – Pullback Likely From Here?

09/30/2024

Less than a minute

2024.09.30 10:57

The has stalled at the ascending wedge’s T/L resistance at 5770 and consolidating its recent gains. This might be the start of a pullback with 5656 being the 1st support area (previous ATH).

We are not implying that the uptrend is over but in the short term a counter-trend move is like S&P 500-Daily Chart