We see a rejection every three months for the S&P500. We have a potential long position option here, and the expectation of getting back over 4200. The Last time the S&P was over 4200 was September of 2022. The rejection happens in three month spans, but a position over 4200 is expected by March.
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S&P500 is following the Trend line. Currently at $4,046. Should continue to follow the uptrend.