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🚨 US500 BEARISH — BUT IS A RECOVERY COMING?
The S&P 500 remains below its key EMAs, with RSI at 34.61 and MACD negative.
But there's a twist:
- NAS100: -0.69%
- US30: +0.69%
- VIX: -2.63%
AI spending concerns, US midterm elections and inflation pressure remain key market drivers.
MarketLens Take: Bearish pressure remains, but broad-market confirmation is mixed.
Key levels: Support 7,561 | Pivot 7,601 | Resistance 7,610–7,626.
Will sellers break support, or will buyers step back in?
— MARKETLENS | SEE BEYOND THE PRICE.
#MarketLens #US500 #SP500 #WallStreet #MarketAnalysis
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