S&P 500 Weekly Analysis (Potencial Reversal Zone)US SPX 500OANDA:SPX500USDom4rg2Chart Context: Timeframe: Weekly (W1) Instrument: SPX500USD via OANDA Latest Price: ~6,850–6,851 (Buy/Sell levels shown) Key Indicators: WMA 14 (close): 4,011.5 → Price is well above, indicating strong bullish momentum in the medium term. Parabolic SAR (0.02, 0.2): 3,850.7 → SAR is far below price, confirming an ongoing uptrend. Volume (Ticks): 463.68K Analysis: The weekly chart shows the S&P 500 trading near 6,850–6,851, with clear buy/sell quotes visible. Trend: Strongly bullish, as price is significantly above both the WMA(14) and the Parabolic SAR. Key Support Levels: Immediate: ~6,750–6,800 Major: 6,000, 5,500, and 4,750 (psychological and historical) WMA(14) at 4,011.5 and SAR at 3,850.7 serve as deeper trend supports. Key Resistance: 7,000 and 7,250–7,500 are the next major upside targets. Volume: Moderate tick volume, no clear divergence visible. Trading Idea: Bullish Scenario: Hold long positions as long as price stays above 6,750. Target 7,250–7,500. Bearish Scenario: A break below 6,750 could signal a pullback toward 6,250–6,000. SAR & WMA Alignment: The wide gap between price and SAR suggests trend strength, but also warns of a deep correction if momentum slows. Risk Warning: This is a weekly chart—slow moving but high impact. Use tighter timeframes for entry confirmation. Always apply stop-loss. TradingView Idea Tags: #SP500 #TradingView #WeeklyAnalysis #Forex #IndexTrading #OANDA #TechnicalAnalysis #WMASAR #BullishTrend