SPX500 | Bearish Structure Below 6777 on Uncertainty

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SPX500 | Bearish Structure Below 6777 on UncertaintyUS SPX 500OANDA:SPX500USDSroshMayiSPX500 | Technical & Fundamental Outlook (9 April) U.S. stock futures dipped after a strong rally, as concerns resurfaced over the fragility of the Middle East ceasefire, while markets shift focus to upcoming inflation data. Despite recent optimism, ongoing tensions and warnings of further escalation are keeping the market in a volatile and uncertain environment. Technically: The market has shifted into bearish volatility after a confirmed 4H close below 6777, signaling a loss of bullish momentum. As long as price remains below 6777, the downside is expected toward 6706 However, a confirmed 4H close above 6801 would reverse sentiment and support bullish continuation toward 6882Key Levels: Pivot Line: 6777 Support: 6746 – 6706 – 6622 Resistance: 6800 – 6828 – 6882