S&P 500: No Rest, Rotations Will Carry It Higher (Technical Analysis)

The S&P 500 remains technically bullish, with the rally slowing but still intact via sector rotation and shallow pullbacks. Key upside targets are in the 7,400s, including a major measured move at 7,425, while support sits at 7,146 and 7,107. The update is constructive for trend followers but is primarily technical commentary rather than new fundamental news.

Analysis

The S&P 500 remains technically bullish, with the rally slowing but still intact via sector rotation and shallow pullbacks. Key upside targets are in the 7,400s, including a major measured move at 7,425, while support sits at 7,146 and 7,107. The update is constructive for trend followers but is primarily technical commentary rather than new fundamental news.