OANDA:SPX500USD   S&P 500 Index
The current bearish trend is projected to reach 5280 and 5266 if the price remains below the pivot point at 5300. However, if it breaks above 5300, confirmed by a 4-hour candle closing above this level, it could potentially target higher levels at 5311, 5328, and then 5345.

Key Levels:
Pivot Line: 5300
Bullish Lines: 5311, 5328, 5345
Bearish Lines: 5280, 5266, 5220
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.