Opinion: The stock market’s bulls are charged up. But this S&P 500 target is the test. - MarketWatch
1. S&P 500 struggling near resistance between 5,700 and 5,800. 2. Closing above 5,800 would indicate a very bullish trend. 3. Lower highs below 5,800 suggest potential bearish trend reversal. 4. Current volatility signals mixed, indicating uncertainty in market direction. 5. Equity-only put-call ratios remain bullish, supporting upward momentum.