S&P 500: Market Uncertainty May Keep Upside Limited Heading Into Long Weekend

From Investing.com: 2025-04-17 07:24:00

US futures rebounded alongside global markets, driven by trade optimism from Japan talks and ECB decisions. S&P 500 shows signs of bottoming, but resistance near 5510 limits short-term bullish conviction. Tech-fueled recovery led by Trump’s positive talks with Japan, while Netflix earnings are in focus. Wall Street poised for recovery after Fed chair’s cautious stance. S&P 500 technical analysis shows market trading sideways, with key support and resistance levels to watch on both daily and weekly charts. Trading in the current macro environment requires a neutral bias for level-to-level trading opportunities.



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