SPX500 Overview
S&P 500 futures are up 0.2% early Monday, with traders preparing for a week filled with key economic events. While tariff concerns remain in the background, market focus is firmly on upcoming U.S. inflation and retail sales data.
Technical Outlook:
The price has stabilized above 6389, indicating the potential for the bullish trend to extend toward 6425. A breakout above this level could lead to a new all-time high.
Conversely, a 1H close below 6389 would signal a potential bearish move toward 6365.
Resistance: 6413, 6425, 6442
Support: 6365, 6341, 6321
S&P 500 futures are up 0.2% early Monday, with traders preparing for a week filled with key economic events. While tariff concerns remain in the background, market focus is firmly on upcoming U.S. inflation and retail sales data.
Technical Outlook:
The price has stabilized above 6389, indicating the potential for the bullish trend to extend toward 6425. A breakout above this level could lead to a new all-time high.
Conversely, a 1H close below 6389 would signal a potential bearish move toward 6365.
Resistance: 6413, 6425, 6442
Support: 6365, 6341, 6321
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.