S&P 500 TESTS 6973 PIVOT AFTER RALLY

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S&P 500 TESTS 6973 PIVOT AFTER RALLYUS SPX 500OANDA:SPX500USDSroshMayiSPX500 — Testing 6973 After Strong Push Higher The market pushed higher and reached the 6973 level. Technical Outlook: The index is now testing the key pivot at 6973. • While price trades below 6973, bearish pressure may push the index toward 6940 and 6918. • A 1H candle close above 6973 would invalidate the bearish scenario and open the way toward 6988. Pivot Line: 6973 Support: 6939 – 6918 – 6896 Resistance: 6988 – 7018 – 7050