SPX500 | Peace Deal Uncertainty Keeps Pressure on Wall Street

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SPX500 | Peace Deal Uncertainty Keeps Pressure on Wall StreetUS SPX 500OANDA:SPX500USDSroshMayiSPX500 | Peace Deal Uncertainty Keeps Pressure on Wall Street Wall Street remains cautious as uncertainty continues to surround the proposed U.S.-Iran peace agreement. Although today was expected to be a key day for the signing process, no official schedule or confirmation has emerged so far. This uncertainty is keeping investors defensive, especially after the latest escalation in the region following Israeli strikes in Lebanon, which have increased concerns that tensions could flare up again. If negotiations are delayed or canceled, risk sentiment could deteriorate quickly and place additional pressure on equity markets. From a market perspective: • De-escalation and a confirmed peace agreement would support risk assets and improve investor confidence. • Escalation or a breakdown in negotiations would likely increase volatility and favor a deeper correction in equities. Technically The SPX500 is currently consolidating between 7,498 and 7,532 as traders await the next geopolitical catalyst. • As long as the market remains inside this range, volatility is expected to remain elevated. • A confirmed 1H candle close below 7,498 would support a bearish continuation toward 7,453. • A break below 7,453 would expose the next downside targets at 7,412 and 7,326. However, if buyers manage to break and stabilize above 7,532, bullish momentum could return toward 7,552. • A breakout above 7,552 would open the door toward 7,622.