SPX 500
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports SPX 500 Bearish bias. A break of 6046.19 will support the fall towards the target of 6018.14 the break of 6018.14 would push the price to 5999.44.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5937.94
  • Support S1: 5924.47, S2: 5914.54 , S3: 5901.07
  • Resistance R1: 5947.87 , R2: 5961.34 , R3: 5971.27