Positive signals released at the technical level, can we expect a new high for the S&P 500 index?

According to the Zhitong Finance and Economics App, the rise in US stocks this month is not only boosted by improvements in the global trade situation, but also releasing positive signals at the technical level. The S&P 500 index successfully broke through its key 200-day moving average line on Monday, injecting a strong stimulus into the market bulls.