S&P 500 IndexShort
SP500 | Pivot Zone Retest – Will the Support Hold?
S&P 500 Analysis | February 21, 2025
The price is currently consolidating within the pivot zone (6,102 - 6,143), which is acting as a key level.
🔹 A break below 6,102 will confirm a bearish move toward 6,031 and 5,979, continuing the downward trend.
🔹 If the price stabilizes above 6,143, we may see an attempt to break toward 6,168 and 6,224 as the next resistance zone.
Key Levels:
Pivot Line: 6128
Resistance: 6143 - 6168 - 6224
Support: 6102 - 6079 - 6031 -
The price is currently consolidating within the pivot zone (6,102 - 6,143), which is acting as a key level.
🔹 A break below 6,102 will confirm a bearish move toward 6,031 and 5,979, continuing the downward trend.
🔹 If the price stabilizes above 6,143, we may see an attempt to break toward 6,168 and 6,224 as the next resistance zone.
Key Levels:
Pivot Line: 6128
Resistance: 6143 - 6168 - 6224
Support: 6102 - 6079 - 6031 -
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Disclaimer
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my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.