The S&P 500 Index ($SPX) is experiencing notable market activity as it approaches key resistance levels. On January 23, the index was observed at 6119.67, with analysts highlighting the importance of closing above the 6100 mark. The following day, the $SPX reached a new all-time high of 6118, reflecting a strong bullish trend that has persisted since January 15. The index has gained approximately 5% over the last two weeks, marking the best performance for a Presidential Inaugural week since Ronald Reagan. Market participants are closely watching for further upward movement, with potential targets set at 6200 if the current momentum continues. Additionally, the euro is poised for its best weekly performance since July 2023, driven by easing trade tariff concerns and adjusted expectations for interest rate cuts.