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 4058.00 will support the fall towards the target of 4000.64 the break of 4000.64 would push the price to 3962.40.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5010.18
  • Support S1: 4998.87, S2: 4992.72 , S3: 4981.41
  • Resistance R1: 5016.33 , R2: 5027.64 , R3: 5033.79