S&P 500: Navigating Volatility with Key Price levels & Scenarios

7월 3일

S&P 500 Analysis: Navigating Volatility with Key Price Levels and Scenarios

Stability under the pivot line which is 5525 means there will be a bearish trend toward 5491, but still has a bullish volume to get 5549. so above it means will start a new all-time high

Bullish Scenario:
Stability above 5525 means it will reach 5550 and should be stabilized above 5550 to continue the bullish trend around 5600.

Bearish Scenario:
Stability under 5525 means will drop to get 5510 and 5491, and ADP will affect on the market today and it's possible to get 5460 as well, by closing 4h candle under 5491

Key Levels:
- Pivot Line: 5525
- Resistance Levels: 5550, 5585, 5620
- Support Levels: 5491, 5460, 5440

Today's Expected Trading Range:
The anticipated trading range for today is between the resistance at 5550 and the support at 5491.