Wall Street Futures Edge Lower Amid Prolonged Mideast Conflict
U.S. stock index futures slipped slightly on Tuesday as the ongoing Middle East conflict entered its fifth day, weighing on global sentiment ahead of the Federal Reserve’s upcoming policy meeting.
Technical Outlook:
Price action remains in a sensitive zone, but the bias stays bearish below 21930.
🔻 A confirmed 1H close below 21790 would likely trigger a deeper move toward 21635, and potentially 21470.
🔺 On the upside, a break above 21930 would indicate renewed bullish momentum, opening the path toward 22065 and 22200.
📌 If price holds above 21790, a test of 21930 is likely.
Any positive geopolitical developments or ceasefire negotiations could spark a stronger upside move.
Key Levels:
• Pivot: 21790
• Resistance: 21930 / 22065 / 22200
• Support: 21635 / 21470 / 21375
U.S. stock index futures slipped slightly on Tuesday as the ongoing Middle East conflict entered its fifth day, weighing on global sentiment ahead of the Federal Reserve’s upcoming policy meeting.
Technical Outlook:
Price action remains in a sensitive zone, but the bias stays bearish below 21930.
🔻 A confirmed 1H close below 21790 would likely trigger a deeper move toward 21635, and potentially 21470.
🔺 On the upside, a break above 21930 would indicate renewed bullish momentum, opening the path toward 22065 and 22200.
📌 If price holds above 21790, a test of 21930 is likely.
Any positive geopolitical developments or ceasefire negotiations could spark a stronger upside move.
Key Levels:
• Pivot: 21790
• Resistance: 21930 / 22065 / 22200
• Support: 21635 / 21470 / 21375
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/
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.
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/
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.