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 5306.11 will support the fall towards the target of 5162.86 the break of 5162.86 would push the price to 5067.36.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5812.73
  • Support S1: 5811.74, S2: 5809.75 , S3: 5808.76
  • Resistance R1: 5814.72 , R2: 5815.71 , R3: 5817.70