SPX500 — Range-Bound as Markets Assess War Fallout
U.S. stock futures edged lower as investors continued to assess the economic and geopolitical consequences of the escalating Middle East conflict. Markets remain cautious after a tentative rebound in the previous session.
Technical Outlook:
The index is expected to consolidate within the 6840 – 6893 range.
• As long as price trades above 6840, bullish volatility may push the index toward 6973, especially if a 4H candle closes above 6893.
• A 1H candle close below 6840 would trigger bearish momentum toward 6799.
Pivot Line: 6860
Support: 6840 – 6800 – 6772
Resistance: 6893 – 6915 – 6973
Technical analyst focused on gold, indices, and forex.
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Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Disclaimer
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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/
Related publications
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.