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 3989.76 will support the fall towards the target of 3968.91 the break of 3968.91 would push the price to 3955.01.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5045.66
  • Support S1: 5043.66, S2: 5040.91 , S3: 5038.91
  • Resistance R1: 5048.41 , R2: 5050.41 , R3: 5053.16