S&P 500 Outlook for End of Month
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I believe there's a high probability (around 70-75%) that the S&P 500 will maintain levels above 5100 points until the end of this month, given the strong momentum and positive factors from some better-than-expected earnings. Although there has been some profit-taking recently, buying pressure has quickly returned to support the market, indicating strong demand for stocks.
The movement over the next 1-2 weeks might be sideways-up, with key resistance around 5200-5250 points. If it can break through, it will establish an even stronger base. Monitoring key US economic data will be crucial in sustaining this trend.