Uptrend Persists with Clean Higher-High Structure
S&P 500 futures break higher with full-bullish breadth and widening momentum, keeping pullbacks shallow while compression would be the first sign of consolidation.
New To TradersPro?
Market Overview:
Futures push to fresh highs as breadth stays max-bullish and price holds above shallow retracement support.
Bullish/Bearish Trend Analysis
Trend Condition:
Bullish Trends: 14
Bearish Trends: 0
Overview: The market is bullish, with 14 trend lines signaling upward momentum.
Trend Condition
Current Trend State:
The 14-line trend stack is expanding.
Width: wide.
Implication: A wide, rising stack supports trend follow-through and quick, shallow dip-buys.
Probability Outlook:
Continuation: ~64% chance while width < extreme.
Consolidation / Pullback: ~36% chance if width enters “very wide”.
Price Action and Momentum Zones
Current Price and Change:
Currently, the S&P 500 Futures are at 6,715.75, up by 50.00 pts or 0.75 %.
Market Behavior:
Breakout tone; buyers defending and pressing higher along the rising trendline.
Momentum Zones:
Price is holding above the 23.6% momentum band and well above the 38.2–61.8% corrective zone, keeping pullbacks contained.
Fib Retracement Levels
Current Position Relative to Levels:
The market is above the 23.6% Fib retracement.
Key Fibonacci Levels:
23.6 % → 6,274.24
38.2 % → 5,998.63
50.0 % → 5,775.88
61.8 % → 5,553.12
Analysis:
Trading north of the shallow retracement affirms the prevailing uptrend; only a close back into the 23.6% band would hint at a broader pause.
Overall Market Interpretation
Bigger-picture uptrend remains intact with maximum bullish breadth and expanding momentum spacing. Near-term risk centers on ribbon compression rather than immediate downside.
Summary
Strength persists: breadth is fully bullish, the ribbon is widening, and price rides the uptrend above shallow support. Watch for compression or a slip into the top band as the first consolidation tell.
New To TradersPro?
Bonus - 3 Stocks on the move today
Follow on Social Media
Understand Your Risk