S&P 500 – Daily AnalysisUS 500CAPITALCOM:SPX500Avo-TradesS&P 500 – Daily Analysis The S&P 500 is currently trading inside a tightening ascending triangle, showing a battle between buyers and sellers. Bullish Scenario 📈 A daily close above the upper trendline could trigger a continuation toward 7,985, where major resistance is located. Bearish Scenario 📉 Failure to break higher followed by a daily close below the ascending support would confirm a bearish breakdown. A retest of the broken trendline could then lead to a deeper correction, with 6,310 as the next major support. Key Levels Resistance: 7,985 Current Structure: Ascending Triangle Major Support: 6,310 Conclusion The market remains in consolidation. I will wait for a confirmed breakout or breakdown before considering the next directional move. Patience is key while price remains inside the pattern. This analysis reflects my personal technical view and is not financial advice. — Avo.Trades