SPX500 Bearish Outlook – Technical Analysis

SPX500 Bearish Outlook – Technical Analysis

SPX500 is currently showing bearish signs, with price action rejecting strongly from the key resistance zone near 6,300. This aligns with our previous analysis, and all projected targets have been successfully met so far.

As long as the index remains below the 6,300 level, we expect a retest of this zone, followed by a strong downward move. Traders should continue monitoring this level closely for potential sell opportunities.

✅ All previous targets achieved
📉 Trend outlook: Bearish below 6,300
🎯 Next downside targets will be 6,100 / 6,000

if you like this idea if you have on opinion about this analysis share in comments.