SPX500|AI Rally Powers Higher as Markets Focus onTrump–Xi SummitUS SPX 500OANDA:SPX500USDSroshMayiSPX500 | AI Rally Powers Higher as Markets Focus on Trump–Xi Summit Fundamental: The AI-driven rally continues to dominate market sentiment as investors largely ignore concerns about elevated interest rates, oil prices above $100, and stalled negotiations surrounding the Iran conflict. Meanwhile, markets remain focused on the high-stakes summit between President Trump and China’s Xi Jinping. Even without major breakthroughs, investors may react positively if tensions avoid further escalation. The strong performance of major U.S. companies and continued AI optimism are still supporting bullish momentum across equities. Technically: The market respected our previous bullish scenario perfectly and continued rallying higher as projected. The bullish trend remains active toward 7500 → 7540, with momentum still favoring buyers. As long as price trades above 7460, bullish continuation remains the dominant scenario. However, a move below 7460 would trigger a short-term corrective move toward 7425, with deeper support at 7402. Pivot: 7460 Support: 7425 – 7402 Resistance: 7500 – 7540