SPx /Reversal from All-Time High: Key Levels at 5781
Technical Analysis:
The price has reversed from the all-time high recorded yesterday, stabilizing below 5781. This decline suggests a potential drop to the 5756 and 5732 levels. Alternatively, a bullish trend may be triggered if a 4-hour candle closes above 5781.
Key Levels:
Pivot Point: 5781
Resistance Levels: 5820, 5863, 5891
Support Levels: 5759, 5732, 5708
Trend Outlook:
Bearish below 5781
Bullish above 5781
The price has reversed from the all-time high recorded yesterday, stabilizing below 5781. This decline suggests a potential drop to the 5756 and 5732 levels. Alternatively, a bullish trend may be triggered if a 4-hour candle closes above 5781.
Key Levels:
Pivot Point: 5781
Resistance Levels: 5820, 5863, 5891
Support Levels: 5759, 5732, 5708
Trend Outlook:
Bearish below 5781
Bullish above 5781
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