S&P 500 consolidating at all-time highsS&P 500SP:SPXFPMarketsOf late, we have seen price action on the S&P 500 consolidate around all-time highs of 6,290 and is on track to form a small ascending triangle. The nearest support to note resides at the 1W level of 6,121, closely shadowed by a 1M support from 6,040. Based on the current technical picture, this clearly remains a buyers’ market. - FP Markets Research Team