The S&P 500 Index saw its expected pause yesterday and although further near-term consolidation should be allowed for given the rise in Bond Yields with a large bullish “outside week” in place the Credit Suisse analyst team stays bullish overall. Key quotes “Resistance stays seen next at 3827/32 ahead of 3866/68 and eventually the “measured triangle objective” at 3900. With a cluster of further Fibonacci projection resistances also seen here and stretching up to 3925/30, we maintain our call to look for a cap here for a fresh and likely we think more protracted consolidation phase. Should strength instead directly extend, we see resistance next at 4000, then 4070/75.” “Support at 3784/83 ideally holds to keep the immediate risk higher. Below can see a deeper setback to the price gap from last Thursday morning, seen starting at 3765 and stretching down to 3748/38, where we expect better support. We will maintain our immediate tactical bullish bias whilst above last week’s low at 3663.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index Price Analysis: Downside pressure alleviated above 91.00 FX Street 2 years The S&P 500 Index saw its expected pause yesterday and although further near-term consolidation should be allowed for given the rise in Bond Yields with a large bullish “outside week” in place the Credit Suisse analyst team stays bullish overall. Key quotes “Resistance stays seen next at 3827/32 ahead of 3866/68 and eventually the “measured triangle objective” at 3900. With a cluster of further Fibonacci projection resistances also seen here and stretching up to 3925/30, we maintain our call to look for a cap here for a fresh and likely we think more protracted consolidation phase. Should strength instead directly… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.