SPX500 Technical overview What will nest move?
U.S. stock indices inched higher on Wednesday as markets remained tense over President Donald Trump’s aggressive tariff stance and ongoing negotiations with global trade partners. Traders are cautiously awaiting clearer direction, with sentiment shifting rapidly in response to new updates.
The index continued to consolidate within a narrow range between 6,223 and 6,250. A confirmed breakout from this zone is required to determine the next significant directional move.
A break below 6,250 would confirm bearish continuation, with potential downside targets at 6,220 and 6,140.
A break above 6,260 would shift the bias to bullish, potentially targeting 6,300.
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U.S. stock indices inched higher on Wednesday as markets remained tense over President Donald Trump’s aggressive tariff stance and ongoing negotiations with global trade partners. Traders are cautiously awaiting clearer direction, with sentiment shifting rapidly in response to new updates.
The index continued to consolidate within a narrow range between 6,223 and 6,250. A confirmed breakout from this zone is required to determine the next significant directional move.
A break below 6,250 would confirm bearish continuation, with potential downside targets at 6,220 and 6,140.
A break above 6,260 would shift the bias to bullish, potentially targeting 6,300.
If you like this idea, if you have any feedback about it, please share it in the comments. We need your support.
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✅Join my Telegram Channel
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.