SP500 | Pivot Zone Retest – Will the Support Hold?
#SPX500USD#
S&P 500 Analysis | February 21, 2025
The price is currently consolidating within the pivot zone (6,102 - 6,143), which is acting as a key level.
🔹 A break below 6,102 will confirm a bearish move toward 6,031 and 5,979, continuing the downward trend.
🔹 If the price stabilizes above 6,143, we may see an attempt to break toward 6,168 and 6,224 as the next resistance zone.
Key Levels:
Pivot Line: 6128
Resistance: 6143 - 6168 - 6224
Support: 6102 - 6079 - 6031 -
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