Monday, 12 May 2025

S&P500 Index Futures: Rebound rally broke past Cloud Chart resistance zone! Next resistance zone targets: 5888/6012/6044! Downside support targets: 5598/5524 top end of the front end of the Cloud!

 S&P500 Index Futures: Rebound rally broke past Cloud Chart resistance zone! Next resistance zone targets: 5888/6012/6044! Downside support targets: 5598/5524 top end of the front end of the Cloud!










So far so good the rebound rally is now up by more than 20% or +980 points in 22 days!

On the weekly Cloud Chart the index futures are getting closer to the top end Cloud Chart resistance zone!



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