Now that the market has broken through key resistance, here’s what’s next

The S&P 500 closed up 2.9 percent for the week, its best so far this year. It’s now at the highest level since early October, after breaking through key resistance levels near 2815, where it failed several times.

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Uber application logo is seen on a screen in front of taxi board in Ankara, Turkey on August 31, 2018.Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Wednesday, Jan. 30, 2019.