SPX
BOUNCE
RES
CAP
CIN
SPX6900 continues to face pressure as sellers maintain control across the short- and mid-term structure. Recent trading shows a strong rejection near key Fibonacci levels, which limits upside attempts. Price action still respects a clear pattern of lower highs and lower lows.
SPX6900 trades below major retracement zones, which restricts any sustainable rebound attempt. The region between $0.70 and $0.724 remains the first major ceiling.
The Supertrend also flashed a fresh sell signal near that area, which reinforces the resistance. A decisive mo…
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