The Market Is Ignoring Bad News... For NowUS SPX 500OANDA:SPX500USDinchartswetrustHi traders!🦬🐻👾 Starting today, in addition to my daily Bitcoin analysis, I'll also be publishing daily SPX500USD market updates. My last major SPX analysis, published on April 17, played out exactly as expected and reached every target. You can find the full breakdown on my page. It wasn't just about support and resistance levels—it explained the market mechanics and psychology behind crisis-driven price action🎓🎓💰 After more than 10 years of trading, I've witnessed how markets react to numerous geopolitical and financial crises. Understanding investor psychology during these periods is often far more valuable than simply identifying technical levels. A quick recap of that analysis: ❗Crisis → Accumulation → Expansion Panic creates the bottom, smart money accumulates, and the market moves higher. 🔪 Crisis Since late October, SPX had been trading inside the 6800–7000 range. Several failed breakout attempts above 7000 were followed by a return to the lower boundary of the range. At that exact critical point, military conflict began. 🏌️🥃 Accumulation The breakdown of the range triggered a sharp decline toward 6300 (my target was 6150), followed by aggressive buying from large market participants. 🚀 Expansion News about negotiations (first weekly "rocket"), the end of military actions (second weekly "rocket"), and finally the breakout above the previous all-time high at 7000 (third weekly "rocket"). At that time, defining upside targets wasn't easy, but considering the strength of the breakout, I projected 7300 as the next objective, while 7000 was expected to become support. ❗️Current Market View Forecasting medium- and especially long-term targets for SPX is never easy, particularly when price is trading near all-time highs, where there is essentially open air above. Even so, several important observations stand out. ✅First, the market continues to respect the 7300 support level remarkably well. ✅✅Second, price has neither tested nor even approached the 100 EMA or 200 EMA on the daily timeframe. This highlights the strength of the current bullish trend. ✅✅✅Most importantly, the market barely reacted to the renewed U.S.–Iran conflict. It appears that investors have either become desensitized to this geopolitical risk or had already priced in the possibility of renewed tensions. 📈💎Upside Targets & Resistance Given the current technical structure, I believe the most likely scenario is a continuation toward the all-time high at 7625, provided the geopolitical situation does not escalate further and instead remains stable or gradually de-escalates. If SPX manages to break and hold above 7625, the next upside objective becomes 7925. This target is based on the measured move of the current 7300–7625 trading range. 🪓Key Support Levels 7300 — Local horizontal support. 7200 — Area of the 100 EMA (1D). 7000 — Previous ATH Have a great trading day, week, and a great life, everyone! 🌄 ⚠️ Disclaimer: All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risks and make decisions independently.