The S&P 500 index broke the level of 4550 and tries to consolidate above it.
When it happens, a way to 4700 and 4800 levels will be opened.
Index growth is strongly supported by the seasonal trend to growth in February.
If the index cannot consolidate above 4550, its decline is possible to 4450.
This content is for informational purposes only and is not intended to be investing advice.