SPX Chart Shows Strongest Shift Since Last Year’s Rally

The S&P 500 (SPX) has broken through a key support level, signaling a shift away from the recent pullback and towards continued upward movement. Buyers have defended a crucial zone, leading to a double bottom formation that strengthens chart structure. This break clears the lower-high trendline, opening a path toward the long-term target of 7,100. SPX’s technical reactions suggest a continuation setup supported by renewed directional flow.