S&P 500 Technical View

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Illustrious_Lie_954

Mar 25 · archived 3h ago

S&P 500 Technical View

We’re clearly seeing a shift from an uptrend into a short-term downtrend.

Structure: Lower highs + lower lows forming since late Feb bearish structure confirmed

Resistance: 6800–6900 zone (previous supply area where price kept rejecting)

Support: 6500 is being tested right now; below that next key zone is 6400

Momentum:

Recent candles show strong selling pressure (multiple red candles breakdown move)

Any bounce so far looks like a relief rally, not a reversal

Trend Insight:

The earlier rally (Dec–Feb) has lost momentum

Price rejected near all-time highs (7000) classic distribution zone

What I’m watching:

If 6500 breaks cleanly continuation towards 6400

If price holds 6500 and reclaims 6700+possible short-term bounce

Need a higher low break above 6800 to even think about trend reversal

Bias (short-term): Bearish / cautious

Market context: Geopolitics macro uncertainty = volatility stays high

TL;DR:

Trend flipped bearish. 6500 is key support. Break = more downside, hold = temporary bounce.

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GeX_64_ We are below 200 day SMA. We did not shock below like with liberation day. Liberation day was caused by a tweet and reversed with a tweet. This is not caused by words. We have real disruptions and actual war. I think we are staying under the 200 day SMA for a while. Mar 25 30 likes

Metals4J But I was told this isn’t a war. And it would be over soon. And it’s already over. And it never started. And no boots on the ground. And, and, and… Man it’s been 2 weeks and these jokes are already tired. Mar 25 7 likes

C_Pala This is all worthless. Market is manipulated on a market close market open basis with scammy moves on the weekend. Mar 25 169 likes