SPX500|Above 7200 Keeps Bulls in Control After Historic BreakoutUS SPX 500OANDA:SPX500USDSroshMayiSPX500 | Above 7200 Keeps Bulls in Control After Historic Breakout The S&P 500 has made history, closing above 7200 for the first time after its strongest monthly gain since 2020, driven by AI momentum, aggressive dip-buying, and strong earnings sentiment. The structure remains clearly bullish, with momentum favoring continuation while key support levels hold. Technically: As long as price trades above 7200, bullish momentum remains active toward 7285, with further upside toward 7305 → 7350 (new ATH zone). A pullback toward 7200 is considered a healthy correction. However, a sustained move below 7200 would shift momentum to bearish correction toward 7163 → 7112. Key Levels: Pivot Line: 7236 Support: 7200 – 7163 – 7112 Resistance: 7285 – 7305 – 7350