SPX | Why 6,780 Matters

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SPX | Why 6,780 MattersS&P 500SP:SPXMuhammadSyakirinA sustained break below 6,780 would signal weakening demand and open the path toward a test of the 6,740 support zone. A confirmed loss of 6,740 would then activate a measured move toward the 6,450–6,500 area, roughly 4–5% lower. The bearish case strengthens if price remains below the Bollinger mid band while the bands expand, indicating building downside pressure. Until these levels are lost and confirmed by volatility, the current structure should be treated as range consolidation rather than a completed top.