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#S&P 500 ANALYSIS
The S&P 500 is #trading above the support trendline of the rising wedge pattern, with the Ichimoku Cloud acting as a resistance barrier. A breakdown below the wedge could trigger a downward move. However, a rebound from support is also possible. Keep an eye on further price action developments. Given its close correlation with the #crypto market, the S&P’s next #move will be crucial in determining broader risk sentiment, making this a key level to monitor closely. #crypto