BitcoinStocks | Indices

S&P 500 ($SPX): Bullish Target hit! ..what’s next?

 

The last week has shown us interesting economic data, US inflation has decreased by a few tenths of a point, but the reality is different (core). From a technical point of view, we reached our bullish target right at the close of week, and I cannot rule out that we did it with an impulse structure still forming (i-ii-iii-iv-v). If this analysis is correct, we could see a corrective structure early next week before a bullish consolidation. That said, until we break above 4.195, the main trend still remains down.

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