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SPX

SPX Alpha

0.65481 (+2.82%)

BULLISH MOMENTUM BUILDS AS FED CHAIR SPECULATION HEATS UP

Current Price: $4,320

Key Levels:

Support: $4,280 – A strong demand zone where buyers have consistently stepped in.

Resistance: $4,370 – The first major hurdle that could slow the upward move.

Next Resistance: $4,420 – A breakout above $4,370 with solid volume could drive price toward this level.

Bullish Trade Setup:

Long Entry: $4,300 – Ideal area near support for catching continuation.

Take Profit:

TP1: $4,370

TP2: $4,420

Stop-Loss: $4,270 – Positioned below support to limit downside risk.

Market Sentiment:

Speculation around Kevin Hassett potentially becoming the next Fed Chair is fueling strong bullish energy. A convincing move above $4,370 would reinforce continuation toward $4,420. Expect elevated volatility as news develops, and manage entries wisely.

Motivational Note:

Each market move is a chance to improve. Stay focused, stay consistent, and trust your strategy—steady discipline creates long-term success.

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