SPX500 | Bears Take Control Below 7553US SPX 500OANDA:SPX500USDSroshMayiSPX500 | Bears Take Control Below 7553 The S&P 500 remains under pressure as investors continue to monitor developments in the Middle East. Ongoing geopolitical uncertainty is weighing on sentiment, while traders remain cautious ahead of any potential breakthrough in negotiations. Although the broader long-term trend remains supported by strong corporate earnings and AI-related optimism, the short-term structure has shifted in favor of sellers. Technically: Below 7553 bearish toward 7497 – 7452 Below 7497 extends losses toward 7352 Above 7553 bullish toward 7608 – 7643 – 7700 Pivot: 7553 Support: 7497 – 7452 – 7352 Resistance: 7608 – 7643 – 7700