iS SPX Going touch 5770 or 6000 next coming weeks?

SPX:- The market closed Wednesday in green at 5633. SPX Touch’s all-time high price is 5633.

Monthly time frame according to buying trend going.
The monthly time frame shows a rising wedge. Price continues to make HH-HL level and break upside market structure. Price creates an unmitigated demand level.

The RSI monthly and weekly time frames show divergence.
The price could touch a monthly rising wedge trendline and around 5670 or 6000 next week.
The daily time frame according to price is also moving up in internal rising wedge. 

 Swing Trade Idea's: 1

Note: Daily time frame according to: If price breaks the rising wedge, touches the demand zone, and the daily candle rejects, then open a buy trade. 

Entry = 5100
Sl = 4953 
Target = 5550 (could Previous Swing also)
Risk reward = 1:3
     
Swing Trade Ideas:- 2
Note: Daily time frame according to: If price fails first demand zone and price reaches 4456 level and daily candle rejects demand
zone, then open a buy trade.
      
Entry = 4400
Sl = 4100
Target = 5550 (could Previous Swing also)
Note: Keep trailing your stop loss to secure bigger profits.

Please note this is only an opinion and not financial advice.

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