SPX500 Holds Below 6,590 Pivot – Key Breakout Levels AheadUS SPX 500OANDA:SPX500USDSroshMayiSPX500 – Overview The S&P 500 is showing bullish momentum but remains sensitive to the 6,590 pivot for confirmation of the next move. 📉 Bearish scenario: As long as price trades below 6,590, momentum favors a drop toward 6,571. A confirmed break under 6,571 would open the way to 6,550 → 6,527. 📈 Bullish scenario: A 1H close above 6,590 would shift bias bullish, targeting 6,604 → 6,631. Key Level Pivot: 6,590 Resistance: 6,604 – 6,631 Support: 6,571 – 6,550 – 6,527