SPX 500
Bearish Closed

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 5567.01
  • Support S1: 5562.59, S2: 5559.01 , S3: 5554.59
  • Resistance R1: 5570.59 , R2: 5575.01 , R3: 5578.59