S&P 500 ($SPX) Tomorrow: Key Levels to Watch
Last Close: 6,849.09
Futures (2:48 AM): 6,816 (-0.62%)
π© Trend Status
- Short-term: Bullish (trend repaired)
- Medium-term: Bullish
- Long-term: Strong bullish (200-day far below at ~6,150)
π¦ Critical Levels
These decide whether the trend holds or breaks:
Major Support
- 6,800 β MUST HOLD
- 6,750 β Soft cushion
- 6,720 β Buyer line
- 6,650 β Trend repair line (losing this = bad)
- 6,600 β Breakdown risk
Resistance / Targets
- 6,880β6,900 β First ceiling
- 6,950 β Key upside target
- 7,000 β Psychological barrier
- 7,050β7,100 β Channel extension
π§ Tomorrowβs Expected Behavior
Futures down β40 points = normal digestion
No technical damage unless we lose 6,750
π₯ Bearish Trigger Levels
Downtrend resumes only if:
- Close < 6,700 = Trend breaks again
- Close < 6,650 = Breakdown reactivated
- Close < 6,600 = Sell programs likely to trigger
π© Bullish Trigger Levels
Further upside opens if:
- Break & close above 6,880β6,900 = Next leg begins
- Break above 6,950 = Strong momentum
- Hit 7,000+ = Trend acceleration, new highs likely
π§ Market Psychology
- Last week was light volume, so moves exaggerate
- Real confirmation of strength = this week
- Sellers from 6,600β6,700 zone are trapped
- As long as SPX holds above 6,700 β buyers in control
β Bottom Line
Bullish β as long as SPX stays above 6,800.
Neutral β 6,750β6,800.
Bearish β below 6,700.
Fridayβs reclaim of 6,700 and 6,800 was real unless buyers fail tomorrow.
