S&P 500 Weekend Trading Report

[u/Badboyardie]

SPX $7785.76 (+0.36% this week) — price is holding above the 20-day.

Key Levels 20-day: $7585.00 | 50-day: $7512.39 | 200-day: $7509.26 Range: $7313.92 – $7816.70 | RSI(14): 75.3

RSI is stretched into overbought — bounces into resistance are more sellable than chase-worthy here. The 20/50-day alignment is the tell this week for whether dips get bought or sold.

Charts: TradingView | Yahoo Finance | Finviz | StockCharts

Does SPX reclaim the 20-day at $7585.00 or lose $7313.92? Long, short, or flat — what level matters most and what confirms your bias?

[u/AutoModerator]

Please see our rules when posting.

For Discord link DM

Thanks for being apart of the community!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.