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SPX Path to All-Time Highs, Futures Technicals Offer Bullish Support

SPX Path to All-Time Highs, Futures Technicals Offer Bullish Support

Schwab Network · Schwab Network

May 5, 20258m 46s

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Show Notes

Kevin Green suggests a pullback in the SPX is warranted considering it's coming off a 9-day winning streak. For this week, the goal for bulls will be holding the 50-day SMA. Kevin marks 5,700 as the major level of resistance and says there's big breakout potential if it races past 5,800. He turns to the technicals offering support for the bulls through the SPX futures. Kevin later offers a look into an "interesting" divergence in crude oil.


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