SPX 500
Bullish Closed

A Price Action Falling Wedge pattern formation on the 4 Hour time frame chart supports SPX 500 Bullish bias. A break of 5480.16 will support the rise towards the target of 5511.75 the break of 5511.75 would push the price to 5532.81.

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