The SPX index has experienced an increase, currently trading above 5231 and hovering around 5261. Upon reaching and maintaining stability above the 5261 level, it may progress to the 5281 level. However, failure to sustain a rally and a subsequent decline to the 5231 support level, particularly trading below 5223, would initiate a downside movement towards the 5191 level.
Tendency: Long 5231
Target station: (5261, 5281).