SPX500 – Technical Overview
The market reversed back into the pivot zone after dropping nearly 400 points.
For now, the structure remains bearish while price trades below 6838, with continuation expected toward:
→ 6815
→ 6772
A shift toward a bullish correction requires a 1H candle close above 6838, which would open the path toward:
→ 6863
→ (extended resistance) 6888
Momentum will remain sensitive as markets digest recent macro data and volatility stays elevated.
Pivot Line: 6838
Support: 6815 · 6775 · 6735
Resistance: 6862 · 6888
The market reversed back into the pivot zone after dropping nearly 400 points.
For now, the structure remains bearish while price trades below 6838, with continuation expected toward:
→ 6815
→ 6772
A shift toward a bullish correction requires a 1H candle close above 6838, which would open the path toward:
→ 6863
→ (extended resistance) 6888
Momentum will remain sensitive as markets digest recent macro data and volatility stays elevated.
Pivot Line: 6838
Support: 6815 · 6775 · 6735
Resistance: 6862 · 6888
Trade attivo
SPX500 | Technical OverviewThe price dropped nearly 1.5%, exactly as we mentioned earlier.
Today the market is fully focused on the U.S. Inflation (CPI) data, and expectations indicate a reading above 3.00%, which would generally support a bearish movement for U.S. indices.
Directional Bias
Below 6770 → the bearish trend will strengthen toward 6734, then 6713, and a break below this zone may extend the decline to 6670.
Above 6771 (pivot line) → the market will gain short-term bullish momentum toward 6797, with further extensions toward 6815–6837.
Fundamental Trigger – CPI
CPI > 3.00% → Bearish for SPX500
CPI < 3.00% → Bullish
Pivot Line: 6771
Support: 6734, 6713, 6670
Resistance: 6795, 6815, 6837
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
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Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.