SPX Breaks to New Highs – Can Bulls Extend the Momentum?S&P 500SPCFD:SPXYong726Market Structure The 4-hour structure remains firmly bullish. Following the breakout, SPX continues to post higher highs and higher lows, confirming that buyers remain in control of the broader trend. Key Resistance First Resistance: 7,760–7,800 This is the immediate resistance zone. A sustained move above this area could trigger another leg higher. Second Resistance: 7,840–7,900 If buyers successfully clear 7,800, this becomes the next upside target. Key Support First Support: 7,720–7,740 The first support zone following the breakout. Holding above this level would keep the current bullish structure intact. Second Support: 7,640–7,670 A break below the first support could lead to a deeper pullback toward this area to confirm the breakout before another potential advance. Market Sentiment Market sentiment remains strongly bullish. The powerful breakout followed by orderly consolidation indicates continued institutional buying and healthy market participation. While short-term momentum may cool after the recent rally, buyers continue to dominate unless a significant breakdown occurs. Please share your view below: Do you think SPX will break above 7,800 and continue setting new highs? Or do you expect a period of consolidation or a technical pullback before the next rally? More market structure and key level updates will be shared regularly.