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S&P 500 index: ⬆️ Buy
– S&P 500 index broke key resistance level 5500.00
– Likely to rise to resistance level 5700.00
S&P 500 index recently broke the key resistance level 5500.00 (former support from March, which also stopped A-wave of the active ABC correction B from the start of April).
The breakout of the resistance level 5500.00 coincided with the breakout of the 50% Fibonacci correction of the downward impulse from February.
S&P 500 index can be expected to rise toward the next resistance level 5700.00, target price for the completion of the active impulse wave C.
Source: https://fxpro.news
