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S&P 500: Ready For A Melt Up (Technical Analysis)

Source: seekingalpha.com

Market Technicals & FlowsInvestor Sentiment & Positioning
S&P 500: Ready For A Melt Up (Technical Analysis)

The S&P 500 reversed the prior week's sharp decline and closed nearly flat, finding technical support at key levels. A sustained break above 7,710 channel resistance would signal a renewed uptrend, with upside targets at the 7,816 all-time high and potentially 8,010.

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