SPX on the 4H chart is facing rejection near recent highs after notable sell volume (-243B and -276B).
Institutional absorption is visible, but upside momentum remains intact as long as the 6350–6200 support holds. Below that, the 3.4T daily distribution zone and the 5800 gap are key downside targets.
On the upside, the projected path points toward the 7000 area.
target: 7000
target: 5800
#SPX #globaltrade #investment #investing #stockmarket #wealth #realestate #markets #economy #finance #money #forex #trading #price #business #currency #blockchain #crypto #cryptocurrency #airdrop #btc #ethereum #ico #altcoin #cryptonews #Bitcoin #ipo
Institutional absorption is visible, but upside momentum remains intact as long as the 6350–6200 support holds. Below that, the 3.4T daily distribution zone and the 5800 gap are key downside targets.
On the upside, the projected path points toward the 7000 area.
target: 7000
target: 5800
#SPX #globaltrade #investment #investing #stockmarket #wealth #realestate #markets #economy #finance #money #forex #trading #price #business #currency #blockchain #crypto #cryptocurrency #airdrop #btc #ethereum #ico #altcoin #cryptonews #Bitcoin #ipo
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