The S&P 500 tested the key resistance level at 2,800 points

Big news for stock market investors. The US S&P 500, accounting for about half of the world stock market capitalization, overcame key psychological resistance.
According to technical analysts, if the index succeeds permanently to keep above that barrier, it may be heading for a test of its historic peak.
We can recall that since the index reached new record levels at nearly 3,000 points at the beginning of the year, followed by a sharp decline in February, it took over 10% of its value.
And now the question is - will we see a test at the top and will the indicator keep permanently above the 2,800 level?
If the S&P 500 fails to last above 2,800, its weakness can recover and we could witness its strong frustration. Quarterly reports by US companies for the second quarter will be published soon, also volatile August is expected, which has repeatedly proven that it can surprise investors very imprecisely.