SP500 Futures Looks Reverse from support

yesterday

SP500 outlook On Wednesday, September 3, 2025, the S&P 500 rose by 0.5%, powered by substantial gains in Alphabet, which jumped over 9% following a favourable antitrust ruling. The Nasdaq also gained around 1%, while the Dow edged slightly lower by about 0.05%.

Analysts viewed this as a clear win for Alphabet and Apple, prompting raised price targets and renewed optimism for the broader tech sector.

S&P 500 futures climbed roughly 0.3%, and Nasdaq futures rose by about 0.7%, reflecting optimistic expectations for further upside. Fed officials signalled a possible rate cut, with investors pricing in a 96% chance of a 25 bps cut by the Fed meeting on September 17, 2025. The market now eyes Friday’s Nonfarm Payrolls report as the most critical release of the week, alongside the usual weekly data.

SP500 support around 64.30 (though SPY is currently at 6430, the level might reflect a different index or instrument) is interesting—the upside momentum appears to be heading toward resistance near 6,505,

You may find more details in the chart.
Trade wisely best of Luck.

Ps; Support with like and comments for better analysis.

yesterday

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