SPX500 – Overview
Wall Street Slips Ahead of Key Inflation Data
U.S. stock indices fell on Friday as traders turned cautious ahead of the PCE inflation report, a key release that could shape the Federal Reserve’s September rate decision. Market sentiment remains highly sensitive to incoming data.
🔹 Technical Outlook
The index is expected to pull back from 6,485 toward 6,468.
✅ A confirmed 1H close below 6,468 would extend the bearish move toward 6,447 → 6,425.
⚠️ However, if price stabilizes above 6,486 (1H/4H close), bullish momentum would resume, with upside targets at 6,506 → 6,528.
🔹 Key Levels
Support: 6,468 – 6,447 – 6,425
Resistance: 6,506 – 6,528
✅ Summary:
SPX500 is consolidating just below resistance as markets await the PCE inflation release. A break below 6,468 would confirm bearish continuation, while holding above 6,486 would reignite bullish momentum.
Wall Street Slips Ahead of Key Inflation Data
U.S. stock indices fell on Friday as traders turned cautious ahead of the PCE inflation report, a key release that could shape the Federal Reserve’s September rate decision. Market sentiment remains highly sensitive to incoming data.
🔹 Technical Outlook
The index is expected to pull back from 6,485 toward 6,468.
✅ A confirmed 1H close below 6,468 would extend the bearish move toward 6,447 → 6,425.
⚠️ However, if price stabilizes above 6,486 (1H/4H close), bullish momentum would resume, with upside targets at 6,506 → 6,528.
🔹 Key Levels
Support: 6,468 – 6,447 – 6,425
Resistance: 6,506 – 6,528
✅ Summary:
SPX500 is consolidating just below resistance as markets await the PCE inflation release. A break below 6,468 would confirm bearish continuation, while holding above 6,486 would reignite bullish momentum.
Operación activa
SPX500 – Overview | Live UpdateThe index maintains bearish momentum as long as it trades below the pivot at 6,468.
Technical Outlook:
🔻 Bearish scenario: While below 6,468, the downtrend may extend toward 6,450 → 6,440 → 6,425.
🔺 Bullish scenario: A reversal and stabilization above 6,475 – 6,485 would shift momentum upward, targeting 6,508.
Key Levels:
Pivot: 6,468
Support: 6,450 – 6,440 – 6,425
Resistance: 6,476 – 6,485 – 6,508
Bias: Bearish below 6,468, but confirmation above 6,485 would favor the bulls.
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/
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
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/
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.