SPX500 – Market Overview
U.S. stock index futures rose on Friday after President Donald Trump’s temporary pick for a Federal Reserve governor boosted expectations for a more dovish central bank board.
Technical Outlook
Stability below 6365, we expect a move down toward 6341.
A 1H close below 6321 would likely extend the bearish trend toward 6301.
A 1H close above 6365 could trigger a push toward 6389.
A confirmed break above 6389 would shift the bias to bullish, targeting 6425 and 6453.
Pivot Line: 6365
Resistance: 6389 – 6425 – 6453
Support: 6341 – 6321 – 6301
U.S. stock index futures rose on Friday after President Donald Trump’s temporary pick for a Federal Reserve governor boosted expectations for a more dovish central bank board.
Technical Outlook
Stability below 6365, we expect a move down toward 6341.
A 1H close below 6321 would likely extend the bearish trend toward 6301.
A 1H close above 6365 could trigger a push toward 6389.
A confirmed break above 6389 would shift the bias to bullish, targeting 6425 and 6453.
Pivot Line: 6365
Resistance: 6389 – 6425 – 6453
Support: 6341 – 6321 – 6301
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.
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.