S&P 500 rebounds from critical support zone
Technical reversal observed from key consolidation area
Analysts project upward momentum toward critical resistance level
The S&P 500 index recently reversed upward from a consolidation zone situated at critical support levels
The technical reversal from this consolidation area halted a previous short-term correction, creating a bullish pattern
With key technical indicators signaling strengthening momentum, the index could be expected to rise further to the next critical resistance level at 7500.00
