S&P 500 Trade Details: The S&P 500 (SPX) on the 15-minute timeframe confirms a bullish breakout according to the Risological trading indicator. Target 1 (TP1) has been successfully hit, with higher targets in sight, as the bullish momentum sustains.
S&P 500 Key Levels:
Entry: 5889.16
Stop Loss (SL): 5872.22
S&P 500 Take Profit Targets:
TP1: 5910.09 ✅
TP2: 5943.96
TP3: 5977.82
TP4: 5998.75
Analysis: The price action indicates strong upward momentum with consecutive bullish candles. The moving averages align to support the trend. Short-term resistance at higher targets may see consolidation before further upward movement.
Outlook: With TP1 hit, the trade looks promising to reach TP2 and beyond. Keep monitoring momentum strength and secure profits as each level is achieved. Stay cautious of reversals near key resistance zones.