(CercleFinance.com) – The S&P500 rebounded by +1.4% to 5,222 on Friday at mid-session, coming back close to its absolute records, within less than 0.7%.
In the end, the broad index gained +1.1% to 5,204 and limited its decline to -0.9% weekly and remained 1% from its absolute record.
The upward trend is therefore preserved for the 23rd consecutive week: the base of the channel is located at 5,200, the peak – and the next potential objective – is located at 5,320 Points.
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