#S&P 500 ANALYSIS

The #S&P 500 is rebounding from the support trendline of the rising wedge pattern, with the Ichimoku Cloud acting as support and indicating strength.

A breakout above the resistance trendline could lead to a new all-time high however, rejection at resistance may result in a pullback. Keep an eye on further price action developments.

Given its close correlation with the crypto market, the S&P’s next move will be crucial in determining broader risk sentiment, making this a key level to monitor closely.#RiskAssetsMarketShock