S&P 500's ‘massive rally starting’; Is 6,600 next?

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S&P 500's ‘massive rally starting’; Is 6,600 next?

As the benchmark S&P 500 attempts to shake off recent bearish sentiment triggered by emerging trade tensions, technical indicators suggest that the index is on the verge of a notable rally. Specifically, the index is flashing bullish signals after what appears to be the conclusion of its recent consolidation phase.  It has been moving within a rising channel since October 27, 2023, low, with historical trends indicating that another breakout may…