SPX/ Facing Strong Barriers

Stock futures edged up in overnight trading Sunday as the market gears up for a holiday-shortened trading week.

Generally, the direction is uptrend

Uptrend Side: the price should break the resistance of 5997, especially if it breaks 6026, and will enter the consolidation high zone.

Downtrend Side: The levels of 5,997 and 6,026 serve as significant motivators for the price to move toward the lower end. Additionally, the bearish targets are 5,938 and 5,871.

Tendency Keys: 6026
Chart PatternsHarmonic PatternsTrend Analysis

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