Momentum Zone Holds as Buyers Step InBuyers continue to defend shallow demand, and today’s rebound reinforces the trend-aligned posture despite repeated hesitation near the resistance boundary.New To TradersPro? Market Overview: S&P 500 futures remain in a strong uptrend, bouncing firmly off friday’s pullback and trading higher inside the bullish momentum zone while staying 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 6,860.50, up by 27.00 pts or 0.40 % vs the prior session shown on the chart. Market Behavior: Today’s candle is a solid green bar showing renewed buying interest after yesterday’s decline, with price lifting off support and pressing again toward overhead resistance in a controlled manner. Momentum Zones: Price remains well above the 23.6 % retracement and firmly inside the bullish momentum zone. Buyers continue to defend shallow demand, and today’s rebound reinforces the trend-aligned posture despite repeated hesitation near the resistance boundary. Fib Retracement Levels Current Position Relative to Levels: The market is currently above the 23.6 % Fib retracement on this chart. Analysis: Staying above the shallow 23.6 % retracement keeps the recent decline categorized as a normal pullback within a strong uptrend. Deeper Fibonacci layers remain untouched demand zones, and the immediate focus is whether today’s rebound can build enough momentum to challenge or break through the nearby resistance shelf. Overall Market Interpretation: Today’s bounce restores upward pressure within the broader strong uptrend. Price remains in the bullish momentum zone, all trend lines remain aligned upward, and shallow support continues to hold cleanly. Though resistance has repeatedly capped upside extensions, the overall structure favors continued strength or sideways consolidation unless shallow support breaks. New To TradersPro? Daily Trade Idea |
Senin, 15 Desember 2025
Momentum Zone Holds as Buyers Step In
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