SPX 500
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports SPX 500 Bearish bias. A break of 5067.13 will support the fall towards the target of 4944.25 the break of 4944.25 would push the price to 4862.33.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5411.95
  • Support S1: 5400.94, S2: 5392.22 , S3: 5381.21
  • Resistance R1: 5420.67 , R2: 5431.68 , R3: 5440.4