S&P 500: The S&P 500 is starting to come under increasing pressure
|S&P 500 under pressure
Failure to break above the trend‑channel line has been the tell. Small ranges since late Nov = momentum fading. Stochastics now turning bearish, giving sellers the advantage.
- High today: 6887.
- Key channel cap: 6902/06 — needs a break + close above to ease downside pressure.
- Profit zone: 9‑day & 50‑day M/A at 6761/6756.
Remember: it’s rarely the first break that triggers pros — that’s usually stops. It’s the second break that matters.
Not investment advice — my money, my risk.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.