S&P 500 Index
Short
Updated

SPX| SENSITIVE MOVEMENT

132
The price has formed a consolidation zone at a high level; therefore, we should wait for a breakout in either direction.

We expect the price to decline from 6124, cross below 6160, and fluctuate within this range, finding support at 6040.

However, if the price breaks above 6124, it will likely record a new high, with our next target set at 6200.

Tendency Keys: 6124
Resistance Line: 6124, 6200
Support Line: 6099, 6040, 5992
Trade active
Decline as previously mentioned, with movement within the range of 6142 to 6106.

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