Bullish Structure Intact With No Downside Shift
All 14 trend lines remain bullish, price sits securely inside the momentum zone, and sellers have yet to challenge shallow support.
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Market Overview: S&P 500 futures remain in a strong uptrend, pulling back slightly inside the bullish momentum zone while continuing to hold well above shallow Fibonacci support.
Bullish/Bearish Trend Analysis
Trend Condition: Bullish Trends: 14 Bearish Trends: 0
Trend Condition: Strong Uptrend
Explanation: All 14 trend lines slope upward with zero bearish lines, confirming a fully aligned, uninterrupted bullish structure.
Trend Structure: wide
Implication: Strong separation between fast and slow EMAs reflects durable upward momentum, though the slight cooling near resistance reflects a maturing trend phase.
Probability Outlook:
Continuation: ~65 % chance, supported by the fully bullish stack and price stability above shallow support.
Consolidation / Pullback: ~35 % chance, especially as price continues to stall against the resistance ceiling.
Price Action and Momentum Zones
Current Price and Change: Currently, the S&P 500 Futures are at 6,964.75, down by 12.25 pts or 0.18 % vs the prior session shown on the chart.
Market Behavior: Today’s bar is a small red candle following yesterday’s flat session, reflecting mild intraday softness as price hesitates just beneath the top of the multi-week range. No meaningful breakdown attempts are visible.
Momentum Zones: Price remains inside the bullish momentum zone and above the 23.6 % retracement. Buyers continue to defend shallow support effectively, maintaining trend alignment despite slower momentum near resistance.
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 recent action classified as consolidation inside a strong trend. Deeper Fibonacci levels—38.2 %, 50.0 %, and 61.8 %—remain untested demand zones well below current price, indicating structural support remains intact unless sellers gain meaningful traction.
Overall Market Interpretation: Today’s minor pullback fits cleanly within a mature but stable uptrend. All 14 trend lines remain bullish, price sits securely inside the momentum zone, and sellers have yet to challenge shallow support. The market continues to compress beneath resistance, favoring controlled sideways drift or another upward attempt unless shallow support weakens.
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