S&P 500 Technical Analysis: Eyeing a Year-End High

S&P 500 Technical Analysis

The S&P 500 maintains bullish momentum as long as it trades above 6022. The next bullish target is 6099, indicating consolidation between 6022 and 6099 until a breakout occurs.
A breakout above 6099 could result in a new record high before the end of the year.

For a bearish trend toward 5971, a 4-hour candle must close below 6022.

Key Levels:
Pivot Point: 6022
Resistance Levels: 6053, 6099, 6142
Support Levels: 5971, 5936, 5919

Trend Outlook:
Consolidation between 6022 and 6099
Bullish trend as long as the price remains above 6022