GhostSquawk

Truce talks helping SP500 break key resistance - #sp500

Long
OANDA:SPX500USD   S&P 500 Index
The stock market caught an incredible rally over the last few trading sessions and as we got closer to a key resistance level at 4600, news of a cease fire between Russia/Ukraine is further helping the rally take off. As of now we have pretty much retraced about 75% of the lost incurred in the first quarter of 2022 and will likely to trend higher, possible retracing the entire sell off itself. Levels to the upside to keep an eye on would be at 4675 and 4810.

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