S&P 500 Daily Chart Analysis For Week of August 28, 2026S&P 500SPCFD:SPXTradeSelecterTechnical Analysis and Outlook: In the previous week's trading session, the cash index steadily rose after retesting the crucial Mean Support level at 7,643. In the upcoming session, the S&P 500 pattern indicates a potential In-Force Rebound, which is entirely plausible. Initially, targeting the Mean Resistance level at 7,767 and extending to retest the completed Outer Index Rally at 7,815, maneuvering through the Key Resistance level at 7,800. However, there is a possibility that the index may experience steady-to-lower price movement towards the Mean Support at 7,643 before initiating a significant upward move, as indicated by the intermediate In-Force Rebound pattern shown in the accompanying chart.