SPX 500
Bearish Closed
Charts by TradingView

A Price Action Descending Triangle pattern formation on the 5 Min time frame chart supports SPX 500 Bearish bias. A break of 5627.14 will support the fall towards the target of 5625.65 the break of 5625.65 would push the price to 5624.66.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 5801.17
  • Support S1: 5800.26, S2: 5798.94 , S3: 5798.03
  • Resistance R1: 5802.49 , R2: 5803.4 , R3: 5804.72