#SP500 - Weakness Persists
Given the futures price action, this morning's key levels for staying bullish (above) or bearish (below) were identified, with a reminder that a broken resistance level becomes new support. Unfortunately, support for $ES_F was lost.
Filling the gap (for good) at $4983 seems the next move for $SPX.
Stochastic and Williams%R are curling up. A technical bounce is due, with $5035 acting as the nearest resistance to overcome and $4983 as the closest support level.
For a more updated and detailed analysis of the SPX across different timeframes, and expectations updated for the current price action, check out today's educational content, the first segment is extensive and OPEN for everyone (link in bio).
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