$SPX500 Outlook: Approaching Key Resistance

I'm watching $SPX500 closely these days. After seeing it pull back slightly from its recent highs, it's still within a relatively strong range. My slight concern is the key resistance around 7540-7550. If I recall correctly, it's been a pretty strong resistance recently. The fact that the price has tested it multiple times and failed to break through makes me think hard. If today or this week it can break above 7540.75 and hold above that level convincingly, I think there's a good chance to see further upside. But if it tests and pulls back down again, especially if it breaks below 7427.55, I think the risk of a deeper correction is very high. I'm still being extra cautious during this period.