29 April 2026

S&P 500 ANALYSIS


The S&P 500 is facing rejection from the resistance trendline of a broadening wedge pattern, suggesting a possible short-term pullback toward the S R level.
However, a strong breakout above the wedge would invalidate the rejection and could trigger another bullish rally.
Keep a close eye on the upcoming price action for confirmation.
Given its strong correlation with crypto, the S&P s next move will be key in shaping overall risk sentiment.

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