SPX500USD | Bulls Lose Steam at 6,424.5 Resistance

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SPX500USD | Bulls Lose Steam at 6,424.5 ResistanceUS SPX 500OANDA:SPX500USDSPOT_FXThe S&P 500 Index showed strong bullish momentum but is now pulling back after tagging resistance at 6,424.5. Price is currently hovering near 6,374.6, where previous structure may act as support. Support at: 6,374.6 / 6,340.0 🔽 Resistance at: 6,424.5 🔼 🔎 Bias: 🔼 Bullish: Bounce from 6,374.6 and reclaim of 6,424.5 signals continuation. 🔽 Bearish: Break below 6,374.6 exposes 6,340.0 and lower zones. 📛 Disclaimer: This is not financial advice. Trade at your own risk.