Buyers Stay Active as Resistance ApproachesThe fully bullish stack signals strong underlying demand, though repeated tests of resistance highlight a maturing trend that may require additional consolidation before expansion.
New To TradersPro? Market Overview: S&P 500 futures continue to advance within a strong uptrend, nudging higher inside the bullish momentum zone while holding firmly above shallow Fibonacci support. Bullish/Bearish Trend Analysis Trend Condition: Bullish Trends: 14 Bearish Trends: 0 Trend Condition: Strong Uptrend Trend Structure: wide Probability Outlook:
Price Action and Momentum Zones Current Price and Change: Currently, the S&P 500 Futures are at 6,885.50, up by 6.00 pts or 0.09 % vs the prior session shown on the chart. Market Behavior: Today’s candle is a small green bar, showing steady upward pressure as buyers continue advancing toward overhead resistance with no meaningful rejection intraday. Momentum Zones: Price is trading above the 23.6 % retracement and inside the bullish momentum zone, indicating buyers are still defending shallow demand while pressing into the upper boundary of the recent consolidation area. Fib Retracement Levels Current Position Relative to Levels: The market is currently above the 23.6 % Fib retracement on this chart. Analysis: With a wide bullish stack, holding above the shallow 23.6 % level continues to classify the recent decline as a modest pullback rather than a deeper corrective move. Deeper Fibonacci zones remain unused demand areas beneath price, making the current focus whether buyers can drive a breakout through resistance or whether another pause forms below it. Overall Market Interpretation: Today’s mild gain reinforces the strong uptrend, with price respecting shallow support and maintaining position inside the bullish momentum zone. The fully bullish stack signals strong underlying demand, though repeated tests of resistance highlight a maturing trend that may require additional consolidation before expansion. Still, as long as the shallow Fib level holds, the chart leans toward continued grinding strength or sideways digestion rather than meaningful downside. New To TradersPro?
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Senin, 08 Desember 2025
Buyers Stay Active as Resistance Approaches
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