- S&P 500 index broke resistance level 5785.00
- Likely to rise to resistance level 5985.00
S&P 500 index under the bullish pressure after the price broke resistance zone located between the pivotal resistance level 5785.00 (which stopped wave 1 last month) and the resistance trendline of the daily up channel from last year.
The breakout of this resistance zone accelerated the active short-term impulse wave 3 of the higher extended impulse wave (3) from the start of September.
Given the clear daily uptrend, S&P 500 index can be expected to rise further to the next resistance level 5985.00 (target for the completion of the active impulse wave (3)).
 and the resistance trendline of the daily up channel from last year.){kind=link}