SPX500 – Technical & Fundamental Outlook
The SPX500 is currently trading within a narrow consolidation zone between 6223 and 6246.
A 1H or 4H candle close below 6223 would confirm a bearish breakout, with downside targets at 6191 and 6143.
Conversely, a 1H close above 6246 would signal bullish continuation, potentially driving the price toward the next resistance at 6287, followed by 6305.
Support: 6223 / 6191 / 6143
Resistance: 6287 / 6305
Fundamental Note:
The tariff situation remains a major driver.
The SPX500 is currently trading within a narrow consolidation zone between 6223 and 6246.
A 1H or 4H candle close below 6223 would confirm a bearish breakout, with downside targets at 6191 and 6143.
Conversely, a 1H close above 6246 would signal bullish continuation, potentially driving the price toward the next resistance at 6287, followed by 6305.
Support: 6223 / 6191 / 6143
Resistance: 6287 / 6305
Fundamental Note:
The tariff situation remains a major driver.
- Successful negotiations would likely boost bullish sentiment across indices.
- Lack of progress may trigger renewed bearish momentum.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.