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 3850.77 will support the fall towards the target of 3792.90 the break of 3792.90 would push the price to 3754.32.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5067.45
  • Support S1: 5062.69, S2: 5060.06 , S3: 5055.30
  • Resistance R1: 5070.08 , R2: 5074.84 , R3: 5077.47