S&P 500 Index
Long
Updated

S&P 500 / Consolidation with Bearish and Bullish Potential

S&P 500 Analysis
The price needs to stabilize below 5,969 to target 5,937, and breaking this level would confirm a continuation of the bearish trend towards 5,893.

Alternatively, the price must break above 5,969 by closing a 4-hour or 1-hour candle to signal a bullish trend, with potential upside targets at 6,022.

Currently, the market is consolidating between 5,937 and 5,969.

Key Levels:
Pivot Point: 5,969
Resistance Levels: 6,000, 6,022, 6,057
Support Levels: 5,937, 5,908, 5,864

Trend Outlook:
Consolidation is observed between 5,937 and 5,969.
Trade active
S&P500
Live update

The price was retested at support at 5937 and then pushed up, so it still has a bullish continuation to our target of 6022.

then will make a consolidation between 6022 and 5969

Timeframe 4h
snapshot

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