Long

S&P 500 | SPX500USD: Bulls Find Support — But Is It Enough?

SPX500USD 12H TECHNICAL ANALYSIS 🔍

OVERALL TREND
📈 UPTREND (Tentative) — Market structure appears to be attempting a reversal from a recent pivot low. However, the macro trend remains under pressure unless price clears the key resistance range above 5,950.

📉RESISTANCE

🔴 6,152.5000 — PIVOT HIGH | Dynamic Resistance Level
🔴 6,086.2943 — SELL ORDER II
🔴 5,952.1652 — SELL ORDER I

📊ENTRIES & TARGETS

🎯 5,884.4400 — EXIT BUY | TP 4
🎯 5,640.5683 — BUY ORDER | TP 3
🎯 5,482.3500 — BUY ORDER | TP 2 | Mid-Pivot
🎯 5,254.5432 — BUY ORDER | TP 1

📈SUPPORT

🟢 5,021.6218 — BUY ORDER
🟢 4,879.2150 — BUY ORDER II
🟢 4,812.2000 — PIVOT LOW | Dynamic Support Level

📊OSCILLATOR SUMMARY

🧭 RSI (14): 51.98 — Neutral
📉 MACD Level: -41.34 — Buy Bias Forming
🚀 Momentum (10): -36.21 — Positive Divergence Developing
📊 ADX (14): 21.08 — Early Trend Formation
📉 Awesome Oscillator: -87.21 — Bearish but Flattening

🧮MOVING AVERAGE SUMMARY

✅ 10/20/30 EMA & SMA — All Showing Buy Signals
❌ 50/100/200 EMA & SMA — Still Bearish, Suggesting Long-Term Pressure
📊 VWMA (20): 5,289.90 — Bullish Price Reaction Above VWMA
📏 Ichimoku Base Line: 5,158.19 — Neutral, Needs Further Validation

🤓STRUCTURAL NOTES

Current price is battling between 5,300–5,400 resistance range — a break and close above 5,482 could trigger further upside
Significant bullish reversal candle formed near the last pivot low at 4,812
Volume profile suggests re-accumulation; price attempting to reclaim 5,300 structure
Momentum indicators show signs of shifting bullish, but not yet in strong confirmation territory

TRADE OUTLOOK 🔎

📈 Bullish bias above 5,254 with targets at 5,482 / 5,640 / 5,884
📉 Bearish pressure reactivates if price rejects 5,482 and closes below 5,021
👀 Monitor ADX for trend confirmation — under 25 = caution; above 25 = trend validation

🧪STRATEGY RECOMMENDATION

CONSERVATIVE APPROACH (Reversal Play):
— Entry: 5,254.54
— Targets: 5,482.35 / 5,640.56 / 5,884.44
— SL: Below 5,021.62

HIGH-RISK SCALP (Resistance Fade):
— Sell Order near 5,952.16 or 6,086.29
— Targets: 5,640 / 5,482
— SL: Above 6,152.50

“Discipline | Consistency | PAY-tience™”

ProfessorCEWard

Professor C. E. Ward

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