SPX | Daily Analysis #12 - 10 November 2025US SPX 500OANDA:SPX500USDDibaPrismHello and Welcome Back to DP, Review and News: Last week was quite eventful. The index plunged toward the 6,640 area before a sharp rebound—helped in part by a series of market-friendly statements and tweets from former President Trump, which appeared to lift sentiment. Despite trading down more than 1.3% intraday, the market recovered impressively and ultimately closed the session in the green. This week, investors will be watching closely to see whether Trump continues to influence sentiment with further comments or appearances that could help fuel market volatility and optimism. The shutdown remains at the center of U.S. politics. The Senate has advanced a temporary funding bill extending federal funding through January and reversing some layoffs, but final approval by the House and the President’s signature is still pending. Until a resolution is reached, uncertainty will linger across markets and public services. The October Consumer Price Index (CPI) report—typically one of the most closely watched inflation indicators—is likely to be delayed due to the ongoing federal government shutdown. The lack of fresh data is creating a “data fog” for policymakers and traders alike. Technical Analysis: 🟩 Demand Zones (Support Areas) 6,735 – 6,748 region Multiple touches and strong buying reaction. Large bullish candles emerged after price retested this area → indicates strong institutional demand. It’s the nearest demand and acts as immediate support. If broken, next possible downside continuation zone would be near 6,700 – 6,710. Lower demand extension (6,730 – 6,740) Good confluence with volume spike at lows → buyers defended this region before a sharp move up. 🟥 Supply Zones (Resistance Areas) 6,813 – 6,834 region Clear previous consolidation before a breakdown. This area now acts as a major supply / resistance zone. Expect sellers to step in if price retests this zone — first test may trigger rejection. It’s aligned with a local structure high; several long upper wicks in the past confirm supply pressure. Above 6,834 → potential next supply Around 6,850 – 6,860 (top of previous distribution). Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. © DIBAPRISM Amir D.Kohn