SPX500 | Markets Position Ahead of JOLTS & Fed DecisionUS SPX 500OANDA:SPX500USDSroshMayiSPX500 – Technical Overview S&P 500 futures edged higher ahead of the JOLTS job openings report, the final major labor indicator before the Federal Reserve decides on interest rates tomorrow. Markets are pricing an 89% probability of a 25 bps rate cut, suggesting strong expectations for policy easing. Nvidia is also in focus as traders monitor tech-sector momentum and its influence on index direction. Technical Analysis SPX500 holds bearish momentum for today while trading below the 6873–6888 zone. A deeper bearish continuation is likely below 6852, with downside targets at 6815 and 6798. On the upside, a 1H or 4H close above 6888 would invalidate the bearish setup and shift momentum toward the ATH levels at 6918, with extended potential toward 6990. Key Levels Pivot Line: 6860 Support: 6837 · 6818 · 6798 Resistance: 6873 · 6888 · 6918