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S&P 500 Daily Chart Analysis For Week of May 5, 2023

S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis Beyond Technical Analysis S&P 500 (SPX500) Indices Stocks wallstreet economy inflationhedge trading investing priceanalysis
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trendanalysis beyondta spx500 indices stocks wallstreet economy inflationhedge trading investing priceanalysis
Technical Analysis and Outlook:
During the week, the Spooz experienced active trading within the range of Key Res 4180 and Mean Sup 4060. The next significant goal is to retest Key Res 4180 and surpass it to reach the Outer Index Rally 4230. Achieving this would be a crucial turning point and lead to a retreat to the inverted Key Res 4180 as a new support level.
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