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 5178.68 will support the fall towards the target of 5053.16 the break of 5053.16 would push the price to 4969.48.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5128.07
  • Support S1: 5123.69, S2: 5121.38 , S3: 5117.00
  • Resistance R1: 5130.38 , R2: 5134.76 , R3: 5137.07