SPX in 2025

 

 

 For daily swing and market breadth updates follow 

THIS LINK

 

SPX Weekly Targets

 The key level to watch is 6025 where the weekly swing will flip bullish and signal an end to the FED induced panic:

Next downside support level at 5800. 

SPX Weekly Targets

 While the DJIA is overcorrecting, the SPX continues finding support at the Pivot line:

The Barometer and the Bullish% indicator are favoring a rebound:

SPX Update

 So far the SPX is finding support at the Pivot line:

As long as the SPX does not break below the weekly pivot, the current retracement will be defined as constructive, and the outlook will remain bullish:

SPX Weekly Targets

 The major indices continue being defined by strong momentum evidenced by high Swing numbers. At this stage, a one or two day reset would be a most welcome outcome as it would help reset the high daily count. 

The Bullish % numbers are rebounding from deeply oversold levels and need several more days before getting overbought again:

The SPX reached the upside weekly target and keeps on printing higher targets: