$SPX Market Structure
1H aggressive bullish expansion
Price trading well above EMA 50 and EMA 200 confirming strong upside regime
MACD bullish crossover with expanding histogram
RSI extremely overbought signaling short-term exhaustion risk
4H showing rounding bottom continuation breakout
EMA 7 and EMA 25 acting as dynamic support
Holding above 0.3338 maintains 4H bullish structure
Break below 0.3300 weakens continuation bias
High and Bottom
24H High: 0.3712
Recent Bottom: 0.2711
Support and Resistance
Immediate Resistance: 0.3712
Psychological Resistance: 0.4000
Extension Resistance: 0.4200
Immediate Support: 0.3530
Secondary Support: 0.3413
Major Support: 0.3338
Invalidation Level: 0.3300
Breakout Entry
Condition: 1H close above 0.3715
Entry Zone: 0.3715+
Take Profit
TP1: 0.3950
TP2: 0.4200
Stop Loss: 0.3480
Pullback Entry
Condition: Bullish reaction near 0.3413 – 0.3533
Entry Zone: 0.3413 – 0.3533
Take Profit
TP1: 0.3710
TP2: 0.3950
TP3: 0.4200
Stop Loss: 0.3300
