#S&P 500 ANALYSIS
The S&P 500 has broken out of the ascending triangle #pattern with significant volume. A retest of the breakout level is likely. The Ichimoku Cloud is acting as strong support, indicating underlying strength. Holding above the breakout level could lead to a further upward rally. Given its close correlation with the #crypto market, the S&P’s next #move will be crucial in determining broader risk sentiment, making this a key level to monitor closely. #crypto