In today’s analysis of the S&P 500 (SPX), we’ll break down the crucial levels to watch as we head into June 4th. After perfectly testing the 5929 level yesterday, the market bounced back, setting the stage for potential moves. We’ll discuss the new support range between 5954 and 5967 and what it means for traders. If this range holds, we might see a rally towards 6165, but if it falters, a drop to 5850 could be on the horizon. These levels are highly actionable, so stay sharp and ready to react!
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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.