Technical analysis by TheCryptagon about Symbol SPYX: Buy recommendation (5/30/2025)

The S&P500 / SPX has turned sideways after an impressive recovery from April's lows. The 1day MA50 provides the same kind of support as it did after the October 2023 rebound. The RSI pattern on both sequences is also similar and it suggests that the price is at the point where it breaks upwards to the Rising Resistance. Target 6230. Follow us, like the idea and leave a comment below!!