Heading towards 50% Fib resistance?S&P500 is rising towards the resistance level, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 7,465.45
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 7,546.79
Why we like it:
There is a pullback resistance level.
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US500SHORT
Bearish drop setup?S&P500 (US500) could rise towards the pivot, which acts as a pullback resistance and could reverse to 1st support.
Pivot: 7,447.36
1st Support: 7,371.03
1st Resistance: 7,529.62
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
U.S. 500 - Uptrend Holds With 7321 in FocusThe U.S. 500 remains in a broader uptrend, moving within a rising channel and continuing to print higher highs and higher lows. Price appears to have completed a strong impulsive wave and is now consolidating near the upper boundary of the structure, which often signals a pause before continuation. The ABC correction inside the highlighted range looks controlled rather than bearish, while the recent rebound suggests buyers are still defending dips and keeping the bullish structure intact.
As long as support near 7,054 holds, the bias remains tilted to the upside, with bullish targets at 7,219 - 7,271 - 7,321 based on Fibonacci extension projections. A breakout above the consolidation zone could trigger momentum toward these levels, while failure to hold support may lead to a deeper corrective pullback before trend continuation. For now, the structure favors an upside continuation scenario with focus on those projected targets.
We will update further information soon.
@BrightRally_Research
SPX short SPX Short-Term Idea: Profit-Taking Pullback from 7400-7450 ZoneBias: Bearish / Corrective (short-term)
Thesis
The S&P 500 has been on a strong parabolic run, printing fresh all-time highs near 7,369 yesterday. We are now approaching a key psychological and technical resistance cluster in the 7,400 – 7,450 area. This zone is likely to trigger profit-taking and a healthy consolidation/correction before any further upside.
Psychological round number — 7,400 is a major magnet that often sees heavy supply.
Extension zone — Price is already well-stretched above the 20/50-day MAs. Multiple Fibonacci extensions and measured-move targets from the March-April rally converge in the low-to-mid 7,400s.
Overbought conditions — RSI (daily) is hovering near or above 70, momentum is extended, and we’re seeing repeated topping tails near recent highs.
Seasonal / positioning — After a sharp V-shaped recovery, institutions often book gains into big round levels, especially with potential macro uncertainty (tariffs, rates, earnings).
Timeframe: 3–10 trading days (short-term swing)
Summary
"SPX likely to see profit-taking in the 7400-7450 supply zone. Expect a healthy dip toward 7200-7000 before the next leg higher. Trade the range, not the trend."
SELL SPX500 NOWSPX 500 was in an upwards trend but has recently broken the powerful support zone that held the price up for a while. The price was stuck in-between powerful support and resistance zones but just broke the support zone trend line, which means it is very likely to head to the downside (plus the war in the Middle East will continue to weaken the spx 500) - TIME TO SELL SPX 500
Bearish reversal off key resistance?S&P500 (US500) is rising towards the pivot and could reverse to the 1st support.
Pivot: 6,755.80
1st Support: 6,509.00
1st Resistance: 6,998.00
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
Could we see a reversal from here?S&P500 (US500) is rising towards the pivot and could reverse to the 1st support.
Pivot: 7,006.53
1st Support: 6,852.33
1st Resistance: 7,006.53
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
SPX.. time to buy nowSPX 500 is in a clear upwards channel and has broken the last bit of resistance (white trendline line shown) - this is a clear confirmation that the next target will be the next resistance zone to the upside shown above (this is a great buy trade opportunity) - buy the SPX 500 now...
SPX.. buy now it's going upSPX 500 is in a clear upwards channel and has broken the last bit of resistance (white trendline line shown) - this is a clear confirmation that the next target will be the next resistance zone to the upside shown above (this is a great buy trade opportunity) - buy the SPX 500 now... it's going up
US500 - Breakout to New All-Time Highs!US500 suggests the market has put a definitive end to its recent downward movement, signaling that a major bullish trend is set to continue. This complex correction, which the chart labels as complete at the 6506.8 low, looks resolved. The index has since staged a powerful rebound and is currently pressing right up against the major upper trendline resistance, which defined the limits of the entire corrective phase.
A clear and sustained move above this key trendline will provide final confirmation that the correction is over and that a significant new upward wave has begun. The previous area of congestion around 6760 is now expected to act as strong support for the index, preventing any minor pullbacks from turning into a deeper decline. With the current price around 6,812.61 and the all-time high at 6,920.34 , the index is technically well-positioned to challenge and surpass this record high soon.
THE SPX (S&P500) IS HEADING UPWARDS! time to buyThe SPX has been stuck inside an upward channel for many weeks and has been bouncing between both support and resistance levels. It has recently broken through a powerful resistance zone which was holding it... which means it is now very likely to keep heading to the upside.
S&P 500 The Bull Run Is Over. Watch the Yellow Level.The S&P 500 rally looks exhausted.
Over the past week, momentum has clearly faded, lower highs, weaker daily closes, and stronger selling pressure on each bounce.
Technically, the market shows early signs of a shift from bullish to corrective or bearish.
The Yellow Level acts as a divider between a mildly bullish market and the start of a medium-term bearish phase.
Above the Yellow Level: price may hold short-term strength or consolidation.
Below the Yellow Level: structure breaks down and downside potential expands.
A daily close below the Yellow Level would confirm the beginning of a broader bearish move.
In my view i suggest all the Trader/Investor which they are reading this to stay AT LEAST 80/90% IN CASH. something is about to happen... stay safe!
Could we see a bearish reversal?S&P500 (US500) is rising towards the pivot which acts as an overlap resistance and could reverse to the 1st support.
Pivot: 5,544.64
1st Support: 6,594.19
1st Resistance: 6,696.24
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal setup?S&P500 (US500) has rejected off the pivot, which is a pullback resistance, and could potentially drop to the 1st support.
Pivot: 6,467.13
1st Resistance: 6,508.59
1st Support: 6,425.16
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
US500: Bulls Pause as Pullback Risks GrowUS500 has been riding an impressive uptrend, with buyers pushing the index to fresh highs above 6,440, but the recent stalling near resistance suggests that momentum may be losing steam. With growth concerns, central bank caution, and a round of key economic data on deck, the risk of a corrective pullback is building. This setup highlights the importance of watching whether support levels hold or if sellers gain the upper hand.
Current Bias
Bearish (Short Term) – While the broader trend remains bullish, near-term technicals and macro uncertainty point toward a corrective pullback.
Key Fundamental Drivers
US Earnings Season: Mixed corporate earnings, with strength in tech offset by weakness in cyclicals.
Fed Policy: Markets are still weighing timing of potential rate cuts, but sticky inflation data and cautious Fed commentary keep rates elevated.
Bond Yields: US yields remain relatively high, pressuring equities when safe-haven flows emerge.
Macro Context
Interest Rates: The Fed is in a “wait-and-see” mode, balancing sticky services inflation against slowing growth. Rate cuts are still priced for later this year, but not aggressively.
Economic Growth: US economy shows signs of slowing, with softer retail sales and housing data, though labor markets remain resilient.
Commodities/Flows: Energy costs are stabilizing, but higher oil prices in recent weeks could add inflationary pressure.
Geopolitics: Trade tensions, tariffs, and Middle East instability add layers of risk, supporting defensive positioning.
Primary Risk to the Trend
A surprise dovish shift from the Fed or stronger-than-expected US earnings could quickly reignite bullish momentum and push US500 higher, invalidating the pullback scenario.
Most Critical Upcoming News/Event
FOMC Minutes & Powell Speeches – Markets will look for clarity on rate cut timing.
US CPI & PPI Data – Any upside surprises could weigh heavily on equities.
Leader/Lagger Dynamics
The US500 is a leader, often dictating global equity sentiment. Movements in US500 ripple into NASDAQ, DAX, FTSE, and risk-sensitive FX pairs such as AUD/JPY. Its role as a global risk benchmark makes it highly influential.
Key Levels
Support Levels: 6,370, 6,231, 5,920
Resistance Levels: 6,447 (recent high), 6,500 psychological barrier
Stop Loss (SL): 6,480 (above recent highs)
Take Profit (TP):
TP1: 6,370
TP2: 6,231
TP3: 5,920
Summary: Bias and Watchpoints
US500 bias is shifting to neutral-to-bearish, with the index showing signs of fatigue at highs around 6,440–6,450. A pullback toward 6,370 → 6,231 is possible, with 5,920 as an extended target if risk sentiment deteriorates. A protective stop at 6,480 is key in case bulls regain momentum. Traders should keep a close eye on Fed communication and US inflation data, as these remain the most powerful catalysts for near-term direction. With the US500 acting as a leader for global equities, its moves will likely shape broader market sentiment across stocks, indices, and even risk-sensitive currencies.
US500 Short Setup: Bearish Momentum Toward 6205Currently holding a short position on the US500 from the 6358 level, based on Smart Money Concepts. Price has tapped into a premium zone within a higher time frame supply area, showing clear signs of distribution. Liquidity has been swept above recent highs, and a shift in market structure confirms bearish intent. I’m targeting the 6205 level, expecting a rapid downside move in the very short term as smart money drives price toward discounted levels.
US500: Rebound Setup After Sharp Pullback – Key Support HoldingUS500 has experienced a strong corrective move after an extended bullish run but is now showing signs of stabilizing near a key support area. This zone aligns with both technical retracement levels and the market's reaction to fundamental shifts—particularly the dovish repricing of the Fed following weak US jobs data.
Technical Analysis (4H Chart)
Pattern: After a strong uptrend, price faced a steep correction, forming a potential short-term reversal setup.
Current Level: 6,235, holding above the 6,217 support zone.
Key Support Levels:
6,217 (immediate support; key defense zone for bulls).
6,171 (38.2% retracement, secondary support if deeper pullback occurs).
Resistance Levels:
6,272 (23.6% retracement and initial resistance).
6,360 (upper resistance zone and retest of recent breakdown).
6,429/6,436 (recent high and target if bullish momentum resumes).
Projection: A rebound from current levels could push US500 back toward 6,360–6,430 if support holds.
Fundamental Analysis
Bias: Neutral-to-bullish as macro drivers favor a recovery from pullback.
Key Fundamentals:
Fed Policy: Weak US jobs (+73K) and downward revisions have solidified rate cut expectations (~75% probability in September), boosting equity sentiment.
Inflation: Market awaits US CPI; softer data would further support equities.
Tariffs: While Trump’s tariffs create a medium-term risk for earnings, immediate Fed easing bets outweigh these concerns.
Risk Sentiment: Global risk remains supported by lower yields and optimism about Fed easing.
Risks:
Hot US CPI could reverse cut expectations, pressuring equities.
Geopolitical risks or tariff escalation could trigger renewed selling.
Key Events:
US CPI and PPI.
Fed speeches and rate expectations.
Earnings reports from key US companies.
Leader/Lagger Dynamics
US500 is a leader, driving global risk sentiment and influencing risk-sensitive assets like AUD/USD, NZD/USD, and JPY crosses.
Summary: Bias and Watchpoints
US500 is neutral-to-bullish, stabilizing at key support (6,217) after a sharp correction. Fed cut expectations and risk-on sentiment support the upside scenario, targeting 6,360–6,430 if US CPI aligns with softer inflation. However, a hot CPI print could invalidate this rebound and trigger another leg lower.






















