Technical analysis by abo0o about Symbol SPYX on 9/28/2025

Looking at the structure, I think the S&P 500 may first pull back to retest the support zone, just as it did in April of this year when price dipped to that same area before continuing higher. This time, the support and the 50-week SMA are aligning together, creating a strong confluence that could serve as a base for the next upward move. From there, my view is that SPX could rebound and eventually push into a new all-time high around 7,000. 🎯 Conclusion: My outlook is constructive — I expect SPX to repeat its April-like retest, find strength at the confluence of support and the 50 SMA together, and then rally toward the 7,000 level. Still, markets are unpredictable, and this remains only my view. 👉 For more structured market insights and professional analysis, follow along.