The S&P 500 Index has rallied sharply off the April low.
That said, it has reached an important short-term price resistance area at its MOB target band at 6027.
While we may simply consolidate here, one has to be aware of a potential short-term pullback.
Short-term price support remains at 5758 and the 200-day moving average. Losing this support would likely indicate that a deeper pullback is underway.
S&P 500 Index Chart
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