S&P500 Index: Up more than 12% (464 points) since the Cloud Chart Support Rebound trade! Next targets key cloud chart resistance zones!

 S&P500 Index: Up more than 12% (464 points) since the Cloud Chart Support Rebound trade! Next targets key cloud chart resistance zones!

S&P500 index broke past the top end cloud chart resistance zone on the daily cloud chart. Expect this level to be tested for support! The index needs to keep trading above this cloud chart level to confirm a bullish outlook on the daily cloud!

Upside resistance targets 4136, 4227 and 4270 a major resistance zone on the weekly cloud chart target!

Cloud chart support levels that can be tested are 4075/3972! Need to see the rally remain above the top end cloud chart support zone to be bullish!