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S&P 500 Daily Chart Analysis For Week of Dec 29, 2023

SP:SPX   S&P 500 Index
Technical Analysis and Outlook:
The Spooz has slowly but surely approached our designated target Key Res 4800 and Outer Index Rally 4807 throughout this short week's trading session. Some market squeeze from the current position might take us to Mean Sup 4700. This level of support is considered a strong support level for the index and can allow traders and investors to make a suitable entry decision.
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