S&P 500 Futures: Bearish Below 5526 Amid Recession Fears

4 de set.

S&P 500 Technical Analysis

Stock Index Futures Decline as U.S. Recession Concerns Reemerge, JOLTs Report in Focus

The price has retreated from its all-time highs, as previously noted, and continues to exhibit a bearish trend toward the 5,450 level. To reverse this downward momentum, the price would need to close a 4-hour candle above 5,526, which could then lead to a bullish move targeting 5,545 and 5,573.

Key Levels:
Pivot Line: 5526
Resistance Lines: 5545, 5573, 5616
Support Lines: 5480, 5450, 5413

Expected Trading Range Today: The price will likely fluctuate between 5,450 and 5,545.

Trend: Bearish while trading below 5526.

6 de set.

Trade fechado: objetivo atingido

SPx
Update

the price dropped about +400 pip and still running to get the third support line we mentioned