S&P 500 Daily Chart Analysis For Week of April 24, 2026

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S&P 500 Daily Chart Analysis For Week of April 24, 2026S&P 500SP:SPXTradeSelecterTechnical Analysis and Outlook: The S&P 500 Index has exhibited sustained upward momentum during this week's trading session, advancing notably after retesting the Mean Support level at 7,062. Looking ahead to the upcoming trading session, the Index is projected to continue its ascent, with an expected target of 7,211 as part of the Next Outer Index Rally. Furthermore, it may potentially extend to a notable level of 7,311, indicative of the Next #2 Outer Index Rally. In contrast, upon attaining the target of 7,211, a significant pullback to the Mean Support level of 7,062 is expected, with the possibility of a further decline to 6,962.