SPX500 | Futures Slip as AI Uncertainty Persists
Wall Street futures edged lower as concerns about AI-driven competition and margin pressure continued to weigh on sentiment. Investors now shift focus to upcoming jobs and inflation data, which could drive the next major move in equities.
Technical Outlook
The index needs to stabilize above 6918 to maintain bullish momentum.
A sustained move above this level would support further gains toward 6946 and 6988, with extended upside toward 7020.
A 1H candle close below 6900 would shift momentum bearish toward 6858, followed by 6800.
Key Levels
• Pivot: 6918
• Support: 6900 – 6858 – 6800
• Resistance: 6946 – 6988 – 7020
Wall Street futures edged lower as concerns about AI-driven competition and margin pressure continued to weigh on sentiment. Investors now shift focus to upcoming jobs and inflation data, which could drive the next major move in equities.
Technical Outlook
The index needs to stabilize above 6918 to maintain bullish momentum.
A sustained move above this level would support further gains toward 6946 and 6988, with extended upside toward 7020.
A 1H candle close below 6900 would shift momentum bearish toward 6858, followed by 6800.
Key Levels
• Pivot: 6918
• Support: 6900 – 6858 – 6800
• Resistance: 6946 – 6988 – 7020
Zlecenie aktywne
SPX500 | Tech-Led Rebound Faces Key ResistanceTechnology stocks continue to lead the recovery after recent selling pressure tied to AI spending concerns and potential disruption to traditional software models.
Technical Outlook
The index is currently in a short-term corrective phase below 6988, with downside risk toward 6955 before the next potential move higher.
A 1H candle close above 6988 would confirm bullish continuation toward 7020, followed by 7050 and 7090.
Key Levels
• Pivot: 6988
• Support: 6955 – 6918 – 6900
• Resistance: 7020 – 7050 – 7090
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
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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.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.