S&P 500 index Bull Run Continues — Symmetrical Triangle Breakout

Dec 2, 2025

The S&P 500 index(SPX) has shown solid bullish momentum over the last 7 trading days, gaining more than +5% during this period.

The S&P 500 has once again moved back above Important Support lines, and it now appears to be breaking through a resistance line as well.

From a classical technical analysis perspective, the S&P 500 seems to be moving inside a symmetrical triangle pattern.

From an Elliott Wave standpoint, the S&P 500 looks to be completing Wave 4. A confirmed breakout above the upper line of the symmetrical triangle could validate the end of Wave 4.

I expect the S&P 500 to continue its upward movement and extend toward the Potential Reversal Zone(PRZ)[$7,272_$6,870]and the Resistance zone ($6,902_$6,875).

What’s your view on the S&P 500 index and the broader U.S. stock market?

First Target: $6,859

Second Target: $6,887

Stop Los(SL): $6,774(Worst)

💡 Please respect each other's opinions and express agreement or disagreement politely.

📌S&P 500 Index Analyze (SPX500USD), 1-hour time frame.

🛑 Always set a Stop Loss(SL) for every position you open.

✅ This is just my idea; I’d love to see your thoughts too!

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Dec 3, 2025

Trade closed manually

I did it risk-free.