$SPX — Price Needs to Recover $0.54
SPX is trading around $0.5395 and is down 1.21%. The $0.54 area is acting as a nearby pivot. Holding around this zone could give buyers room to recover while a break lower may expose more downside liquidity.
Trading Setup
Entry: $0.5320-$0.5400
Target 1: $0.5450
Target 2: $0.5550
Target 3: $0.5650
Stop Loss: $0.5270
Support: $0.5320-$0.5400
Resistance: $0.5450-$0.5550
Risk Management: Watch for a clear reaction before entering. If $0.5270 breaks, the bullish setup loses structure and should be reconsidered.
Disclaimer: This is market analysis, not financial advice; manage your risk and trade with your own research.

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