S&P 500: The Technicals Align (Technical Analysis)

S&P 500 is under mounting bearish pressure driven by the Iran war and a coordinated hawkish shift among global central banks, increasing downside risk for the index. Technicals point to possible short-term support/bounce around 6500, but upside appears capped near 6764–6775, suggesting limited rally potential and elevated volatility ahead.

Analysis

S&P 500 is under mounting bearish pressure driven by the Iran war and a coordinated hawkish shift among global central banks, increasing downside risk for the index. Technicals point to possible short-term support/bounce around 6500, but upside appears capped near 6764–6775, suggesting limited rally potential and elevated volatility ahead.