S&P 500 index price movements, trend setups, and analysis based on higher timeframe charts.
As of May 16, 2025, the S&P 500 Index (SPX) closed at 5,958.38, marking a 0.70% increase for the day. The index has recently surpassed its 200-day moving average, a significant technical milestone indicating strong bullish momentum. Monthly Chart Overview The S&P 500 Index (SPX) exhibits a strong bullish monthly candle with a minimal lower … Read more
Weekly SPX Trade Analysis – Strong Bullish Momentum The S&P 500 Index (SPX) is showing strong bullish momentum on the weekly chart. As of May 16, 2025—the final trading day of the week—the candle is 99% likely to close bullish. The previous day’s candle also closed strongly bullish, confirming ongoing buying strength. This week’s structure … Read more