SPx / Futures Maintain Bullish Trend as Market Awaits

Futures Steady Ahead of Key Inflation Report

The price has advanced, successfully reaching our target, with momentum still driving toward 5,491 and 5,525.

Bullish Scenario:
As long as the price trades above 5,460, the bullish trend is expected to continue toward 5,491 and 5,525.

Bearish Scenario:
Stability below 5,458, confirmed by a 4-hour candle close, could support a decline towards 5,409 and potentially further to 5,372.
*Key Levels:
- Pivot Line: 5,458
- Resistance Levels: 5491, 5525, 5584
- Support Levels: 5409, 5372, 5320

Today's Expected Trading Range: The price is anticipated to fluctuate between 5,409 and 5,525.

Tendency: Bullish momentum

Supply and DemandSupport and ResistanceTrend Analysis

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