$SXP
SXP
0.023
+19.79%
SPX is trading around 0.0246 after a strong 24h gain of nearly 25%, but short term structure shows pressure following rejection near 0.0271. Price recently tapped 0.0239 as local support and is attempting a minor bounce. SAR remains above price, signaling caution, while MACD stays weak with slight bearish momentum. Bulls need a reclaim above 0.0260 to shift momentum. Holding 0.0240 support is key, otherwise volatility could drag price back toward the 0.0230 zone.
Manage risk carefully. DYOR