SP500: Outlook for a new high at 5100 before the crash.

On the U.S. stock market front, there has been a significant increase in the S&P 500 index, which closed the session with a gain of 0.76% compared to the values before January 29. The opening was in line with the closure of the previous session, but during the day, there was a strengthening, culminating in the closure near the day's highs.

Analysis of Status and Trend:
From a short-term technical perspective, the Standard & Poor's 500 index shows an expansion of positive performance in the curve, with the first resistance area identified at 4,949. There is a potential risk of correction towards the target level of 4,885.7. The forecasts indicate an increase in the bullish trendline towards the resistance area of 5,012.4.

Comment:

Perfect weekly reaction at the high level

Comment:

$5100 Price is going there!

Comment:

$5100 is always closer