Indice S&P 500

S&P 500 Faces Rejection at Key Resistance?

55
📉 False Breakout or Consolidation?

S&P 500 hit 6,129 but failed to hold above it, retreating to 6,090 (-0.75%).
This level marks a key resistance zone, with sellers stepping in to cap gains.

🔍 Key Technical Levels:

Resistance:
6,129 → Previous high, acting as a short-term ceiling.
Support:
6,018 (50-day EMA) → First area bulls want to defend.
5,900 → Stronger structural support if momentum weakens.

📊 Momentum Check:

RSI at 54.86 → Neutral, room for both upside and downside.

Price remains above the 50-day EMA, keeping the uptrend intact for now.

🚀 What’s Next?

Bulls need a decisive close above 6,129 to confirm a breakout.

A rejection here could trigger consolidation or a pullback toward the 50-day EMA.
Watching for either a breakout confirmation or a deeper retest of support levels.

-MW

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.