HomeMarketsTechnical AnalysisSPX Rebalancing Boosts Bullish Push Into Close, 'Golden Cross' in Index

SPX Rebalancing Boosts Bullish Push Into Close, 'Golden Cross' in Index

The SPX experienced a rebalancing on Monday heading into third quarter, which boosted volume and offered bulls room to run. Kevin Green points out a "golden cross" involving the 50-day SMA adding to momentum. However, gaps on the SPX daily chart suggest a re-test of downside levels. Kevin also explains the role volume played in Monday's price action.

Market On Close

30 Jun 2025

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