Mild Selling Under Resistance, Trend Still IntactBuyers have consistently defended shallow pullback areas, though the current stall beneath resistance suggests a tightening battle as momentum slows slightly.
New To TradersPro? Market Overview: S&P 500 futures remain in a strong uptrend, pulling back modestly inside the bullish momentum zone while holding well 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 6,873.25, down by 20.00 pts or 0.29 % vs the prior session shown on the chart. Market Behavior: Today’s candle is a red bar showing mild intraday weakness after several sessions of sideways movement beneath resistance. Selling pressure is present, but the decline remains shallow relative to the broader trend context. Momentum Zones: Price is trading above the 23.6 % retracement and within the bullish momentum zone, indicating continued trend alignment. Buyers have consistently defended shallow pullback areas, though the current stall beneath resistance suggests a tightening battle as momentum slows slightly. Fib Retracement Levels Current Position Relative to Levels: The market is currently above the 23.6 % Fib retracement on this chart. Analysis: In a strong uptrend with a wide EMA stack, maintaining levels above the shallow 23.6 % retracement keeps recent weakness categorized as controlled consolidation rather than structural deterioration. Deeper Fibonacci zones remain untested demand areas, while the immediate question is whether price resolves the stalling beneath resistance or drifts back toward shallow support. Overall Market Interpretation: Today’s softness reflects continued hesitation under resistance within a still-dominant bullish framework. All trend lines remain aligned upward, and price sits firmly in the momentum zone above shallow support, preserving the broader uptrend. Although momentum has cooled, the structure favors continued grinding strength or sideways digestion unless the shallow Fib level fails. New To TradersPro?
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Kamis, 11 Desember 2025
Mild Selling Under Resistance, Trend Still Intact
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