SPX 500 – Short-Term Pullback Risk
HTF Context:
Price recently reacted to tariff-related news and printed a bearish imbalance to the downside, signaling short-term weakness. While the broader structure is still constructive, momentum has stalled near highs and price is now vulnerable to a retracement into lower demand. This looks more like pause and rebalancing, not trend failure—yet.
Key Levels & Zones:
- Supply: 6923–6990 Area where sellers previously stepped in. If price pushes higher into this zone,
rejection risk increases.
- Demand 1: 6820–6842 First downside reaction zone. Shallow pullback support.
- Demand 2: 6767–6813 Stronger demand with better risk-to-reward if price continues lower.
- Demand 3: 6524–6662 Major demand zone. Deeper pullback scenario if downside momentum
expands.
Game Plan:
- Expect short-term downside continuation as the bearish imbalance resolves.
- First area to watch for stabilization is 6820–6842.
- If that level fails cleanly, next focus shifts to 6767–6813.
- A strong sell-off or panic move could open the door to the 6524–6662 demand.
- Any move back into 6923–6990 supply without strong acceptance increases odds of rejection and rotation lower.
Notes:This is a reaction-based environment, not a chase. Let price come into your levels and show intent. Patience matters here—especially with news-driven volatility.
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SPX 500 – Short-Term Pullback Risk
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