S&P 500 Bullish Rounding Bottom in Play

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S&P 500 continues its upward trajectory, supported by a clearly defined rounding bottom formation. Price has successfully broken above the neckline resistance, followed by a technical pullback which was met with a strong buy reaction, validating this zone as a key demand area.

This pullback area now acts as a critical structural base and the current bounce reinforces bullish continuation bias. The active plan is to accumulate within the buy-back zone and follow the path laid out in the chart towards the projected upside targets.

Drop your stock requests in the comments for a quick analysis, only US-listed stocks will be reviewed under this post.

[jacson4]

The rounding bottom formation on the S&P 500 is one of those classic patterns that often gets ignored — until it's too late. What makes it interesting this time is the macro backdrop: softening inflation, improving earnings sentiment, and strong tech leadership.If this setup confirms with a breakout and retest, we might be looking at a new leg up that catches a lot of people off guard — especially those who were positioned for a deeper correction. Great callout in this post — could be the calm before a solid move. 🧠

[Nahid10]

This kind of structure — slow grind down, followed by gradual curve up — usually reflects distribution turning into smart accumulation. If volume begins to rise along with price, it’s a strong sign that institutional buyers are re-entering.Also, with election season nearing and rate cuts potentially on the horizon, the S&P might just be gearing up for a bigger-than-expected rally. Always pays to respect the chart, even when the sentiment feels uncertain. Solid TA here.