Bulls are looking for follow-through buying to reach new all-time highs

From Investing.com: 2025-01-26 23:17:00

The bulls are looking for follow-through buying to break into new all-time highs, while the bears are hoping for a reversal from a double top to start a major trend reversal. The Weekly S&P 500 Emini Chart shows a bullish candlestick with potential for a retest of the all-time high. The Daily S&P 500 Emini Chart also shows a bullish trend in a tight channel, with the bulls aiming for a breakout above the December 6 high. Traders should watch for follow-through buying to confirm the bullish momentum and be cautious of any potential pullbacks. The market may trade slightly higher next week.



Read more at Investing.com: S&P 500 E-Mini: Bulls Need Follow-through Buying This Week