S&P 500 Trading Analysis (26/09/2025)

The trend is ascending. The downward, inner, truncated wave structure ended with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the stochastic oscillator signals an oversold condition. Breaching the 6613.4 level will begin the formation of an ascending wave structure.

Trade idea:

• Buy at the breach of 6613.4.
• Stop-loss at 6568.7.
• Price targets are 6666.6 and 6698.0.

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