After a streak of red days that saw the S&P 500 slide over 10% from its recent peak, the index is finally back in the green. Investors are breathing a sigh of relief as the broad market benchmark rebounds from its steep correction, reclaiming the 5,700 level. The question now is whether this marks the start of a new leg higher or just a temporary bounce in an increasingly volatile market.
While the S&P 500’s rebound is encouraging, traders should remain cautious amid lingering macroeconomic risks. The Federal Reserve’s next policy moves, corporate earnings revisions, and ongoing geopolitical uncertainties will be critical in determining whether the index can sustain its recovery.
A decisive break above 5,750 could reignite bullish momentum, potentially paving the way toward fresh all-time highs. However, failure to hold above 5,600 may signal further downside risk. Investors should watch for confirmation signals before calling this a full-fledged recovery.
This post was last modified on Mar 17, 2025, 20:03 GMT 20:03