SPX500 Under Pressure as Fed Signals Caution | Key Level 6880

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SPX500 Under Pressure as Fed Signals Caution | Key Level 6880US SPX 500OANDA:SPX500USDSroshMayiU.S. Futures Ease on Fed Caution | SPX500 Outlook U.S. stock futures edged lower on Wednesday after Wall Street indexes declined for a third consecutive session, as investors continued rotating out of big tech stocks. Market sentiment remained under pressure following the Federal Reserve’s December meeting minutes, which showed internal divisions over the recent rate cut. Several officials preferred keeping rates unchanged “for some time”, citing concerns that the disinflation process may be losing momentum. TECHNICAL VIEW (SPX500) The price maintains a bearish momentum while trading below the pivot line. A move below 6880 opens the path toward 6865 A 1H candle close below 6865 would confirm bearish continuation toward 6835 and 6813 However, a corrective rebound remains possible: While holding above 6880, the price may attempt a recovery toward the 6918 resistance zone Pivot Line: 6880 Support: 6865 – 6835 – 6813 Resistance: 6918 – 6945 – 6990