#S&P 500 ANALYSIS

The S&P 500 has successfully broken out of its ascending triangle pattern and is now trading above it, supported by the Ichimoku Cloud, which highlights sustained bullish momentum.

After filling the CME gap, a minor pullback may occur, potentially setting the stage for a strong rally.

Interestingly, the S&P 500’s price action often correlates with trends in the cryptocurrency market, making it a key indicator to monitor for broader market signals.