SPX500 – Overview | Futures Rebound After Market Pullback
U.S. stock futures edged higher on Friday after the S&P 500 and Nasdaq Composite retreated from record highs.
Investors are re-evaluating the AI-driven rally, rate-cut expectations, and the ongoing government shutdown, now entering its ninth day.
The shutdown’s continuation delays key U.S. economic data releases, increasing uncertainty around the Federal Reserve’s policy outlook.
Technical Outlook
The price tested its support zone and rebounded, but momentum remains mixed.
To confirm renewed bullish strength, SPX500 must break above 6,757, which would open the way toward 6,770 → 6,791.
As long as the price trades below 6,757, short-term bearish pressure may persist toward 6,738 → 6,730.
A confirmed break below 6,730 would extend the correction toward 6,716 and signal further downside potential.
Pivot Line: 6,757
Resistance: 6,770 · 6,791
Support: 6,738 · 6,730 · 6,716
Summary:
SPX500 is consolidating after the pullback, with near-term bias depending on a break of 6,757 or 6,730.
Traders should expect volatility as the shutdown drags on and the market reassesses Fed policy expectations.
U.S. stock futures edged higher on Friday after the S&P 500 and Nasdaq Composite retreated from record highs.
Investors are re-evaluating the AI-driven rally, rate-cut expectations, and the ongoing government shutdown, now entering its ninth day.
The shutdown’s continuation delays key U.S. economic data releases, increasing uncertainty around the Federal Reserve’s policy outlook.
Technical Outlook
The price tested its support zone and rebounded, but momentum remains mixed.
To confirm renewed bullish strength, SPX500 must break above 6,757, which would open the way toward 6,770 → 6,791.
As long as the price trades below 6,757, short-term bearish pressure may persist toward 6,738 → 6,730.
A confirmed break below 6,730 would extend the correction toward 6,716 and signal further downside potential.
Pivot Line: 6,757
Resistance: 6,770 · 6,791
Support: 6,738 · 6,730 · 6,716
Summary:
SPX500 is consolidating after the pullback, with near-term bias depending on a break of 6,757 or 6,730.
Traders should expect volatility as the shutdown drags on and the market reassesses Fed policy expectations.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Penerbitan berkaitan
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.