S&P 500 Index
Long
Updated

SPX500 Holds Above 5195 – Bullish Momentum or Breakdown?

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SPX500 Analysis – Key Levels in Focus

The SPX500 is showing sensitive and unstable movement, but technically maintains bullish momentum as long as the price stays above 5195.

If the price remains stable above 5195, it could push toward 5271, and with favorable market conditions, the bullish trend toward higher resistance levels could continue.

However, if the price breaks below the 5195 – 5151 zone and closes a 1H or 4H candle beneath it, this would confirm a bearish shift, opening the way toward 5092 and possibly lower.

Pivot: 5195
Resistance: 5278 / 5361 / 5453
Support: 5151 / 5092 / 4958
Trade active
#SPX500 Update 📈

Moving well: +800 pips ✅

The bullish momentum continues following recent comments from Ukrainian President Zelensky, stating “Ukraine is ready for any conversation on how to achieve this”, which helped boost market sentiment.

After stabilizing above the pivot line at 5195, the price entered a bullish trend and continues to hold momentum.
⚠️ Market remains volatile, so watch for any break below 5280, which could shift the trend bearish.

As long as the price trades above 5280 and 5361, the bullish move is likely to continue toward 5453.

snapshot
Trade closed: target reached
#SPX500 Update

Moving well: +5.00% ✅

The price has pushed up around 5.00%, as mentioned in the previous idea, supported by positive sentiment surrounding the latest developments in Russia-Ukraine peace talks.

Currently, the bullish momentum remains strong, especially if price stabilizes above 5453. A retest toward 5453 is possible before continuing higher.

A 1H or 4H candle close above 5507 would further confirm the bullish trend, opening the path toward 5583 and 5654.

Timeframes: 4H / 1H

snapshot

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