SPX: pullback or push up? key levels to watch todaySPX6900 / USDTMEXC:SPXUSDTTrade_Logic_AISPX6900 – ready for another leg or was that the local top? According to market chatter, speculative indexes and synthetic SPX products are seeing renewed interest after the recent bounce in US stocks, but intraday flows are getting more cautious. Today we saw buyers fail to hold highs and price is now stuck right under a thick 4H supply zone. On the 4H chart, price rejected the red resistance block around 0.33 and is hovering near 0.304 with RSI rolling down from overbought. Volume profile shows a fat node just below, so I’m leaning toward a pullback rather than an instant moonshot. My base case is a corrective move into the green demand zones where fresh buyers can reload. Here’s how I’m playing it: I’m interested in longs only if price dips into the 0.28–0.27 demand area and prints a clear bounce, targeting a return toward 0.32–0.33. If 0.27 breaks cleanly, I step aside and look for a deeper flush toward the lower green bands. I might be wrong, but chasing longs into that red wall up here looks like paying premium for leftover pizza. ✅