S&P500 INTRADAY resistance retest

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US stock futures are pointing higher after Monday's sharp selloff. Despite the bounce, safe-haven demand remains strong — gold hit a new record, and the yen strengthened past 140/USD for the first time since September.
Donald Trump called for immediate Fed rate cuts, warning that the economy could slow without action. He argued inflation is not a concern, citing falling energy and food prices, and criticized Fed Chair Jerome Powell once again.
The US reported “significant progress” on a trade deal with India after talks between VP JD Vance and PM Modi. The roadmap aims to ease trade tensions and potentially shield India from future US tariffs.

Key Support and Resistance Levels

Resistance Level 1: 5509

Resistance Level 2: 5660

Resistance Level 3: 5787

Support Level 1: 5110

Support Level 2: 4947

Support Level 3: 4816

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