S&P500 Index: Broke past cloud chart resistance! Critical week ahead!
S&P500 Index: Broke past front cloud chart resistance zone of 3212! Critical week ahead for the index to follow-through on this resistance breakout! Need to see indications that the top end of the cloud will now remain a key support zone! Critical week ahead!
Next target is around the gap close of 3332! But consolidation risk remain high here! Top end of the cloud is a new support zone!
As long as the market stays above the cloud that is bullish from a cloud chart perspective!