Indice S&P 500
Long
Mis à jour

SPX500USD| NEW HIGH AHEAD...

122
The price is currently testing the last high zone, where it has shown signs of a potential correction. This pullback is likely to extend toward the 6099 level, which acts as a key support within the prevailing bullish structure.

As long as the price remains above 6099, the bullish trend is expected to continue, suggesting a possible rebound that could push the price toward 6160. A successful breakout above this level would indicate strong bullish momentum, increasing the likelihood of further upward movement toward 6200, where the next resistance level is positioned.

However, if the price fails to hold above 6099 and closes below this level on a 4-hour or daily candle, it would indicate a shift in sentiment. Such a development could confirm a bearish trend.

Tendency Keys: 6099 - 6122
Resistance Line: 6160, 6200
Support Line: 6099, 6040, 5992
Transaction en cours
According to my analysis, the price is beginning to rise above the previous resistance high, advancing toward the 6160 level.

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