04 Nov 2025
📊 S&P 500 (SPX) Technical Analysis
The S&P 500 continues to trade near key technical levels as markets digest recent data and Fed signals. Traders should monitor the following levels:
🔹 Resistance
October 30 record high: 6,954
Psychological level: 7,000
🔹 Support
Near-term support: 6,750
50-day EMA: 6,691
Strong support zone: 6,500
The S&P 500 remains in a neutral-to-bullish range above key support levels, but a breakout above 7,000 could signal further upside, while a drop below 6,750–6,691 may trigger short-term bearish pressure.
💡 Technical Summary:
Key Resistance: 6,954 / 7,000
Key Support: 6,750 / 6,691 / 6,500
Bias: Neutral-to-Bullish while above 6,750
Next Move: Watch for breakout above 7,000 or pullback toward 6,750
Latest Posts
