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#S&P 500 ANALYSIS
The S&P 500 is facing rejection from the resistance trendline of a broadening wedge pattern, suggesting a possible short-term pullback toward the S/R level. However, a strong breakout above the wedge would invalidate the rejection and could trigger another #bullish rally. Keep a close eye on the upcoming price action for confirmation. Given its strong correlation with crypto, the S&P’s next #move will be key in shaping overall risk sentiment. #crypto