$SPX higher low each day since the Monday bottom last week now 5 days in row..
$SPX is on track to put in a 5th higher low in a row and 4 of 5 days with a higher high. https://t.co/QTDjJlhfoQ https://t.co/4USBqczaXY
$SPX getting up to its 20MA now and near the high of the 9% up day on 4/9. https://t.co/AkMRWdoc4E
$SPX has shown a notable rally, approaching its 20-day moving average (20MA) and demonstrating a trend of higher lows. Analysts observe that the index is nearing the high of a 9% increase recorded on April 9, 2025. The recent performance indicates that $SPX is on track to achieve its fifth consecutive higher low, with four out of the last five trading days resulting in higher highs. Despite this positive momentum, some analysts suggest that a pullback may be necessary to establish a second bottom, as seen in historical patterns following significant rallies.
