SPX - CONSOLIDATION BETWEEN 6099 & 6026

Zaktualizowano
The price movement is currently confined between the levels of 6,099 and 6,026. Therefore, we should await a breakout on either side, as this would provide a clearer direction for the next significant move.

Generally, the direction is uptrend

Uptrend Side: The price has established resistance at 6099, and a breakout above this level is required to reach a new high, potentially targeting 6160.

Downtrend Side: In light of the bearish trend, we expect the price to undergo a correction toward the resistance level of 6,099 before subsequently declining to break through the support levels at 6,072 and 6,026.

Tendency Keys: 6075
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