SPX Reacted From 7,243 — If It Breaks, 6,873 Becomes the Magnet.

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SPX Reacted From 7,243 — If It Breaks, 6,873 Becomes the Magnet.S&P 500SP:SPXburakkesmeciSPX Reacted From 7,243 — If It Breaks, 6,873 Becomes the Magnet. S&P 500 just hit resistance at the VAH (Value Area High) of 7,243 and pulled back. This level is critical. VAH acts as the upper boundary of fair value in the Volume Profile. Price reacting here is textbook — the market is essentially saying "this is expensive relative to recent accepted value." If 7,243 fails to hold as support on a retest, there's little structure between here and the POC at 6,873. Point of Control is where the highest volume was traded — it acts like a gravitational pull. Markets tend to return to it. A clean break below 7,243 opens the door for a 5% move down to 6,873. Watch how price behaves on the retest. Rejection confirms the breakdown. Reclaim confirms buyers are still in control.