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Dominant Inflection: Resistance range 6624.5–6614.62 overhead Support Levels: 6596.9 (near-term), 6517.41 (long-term) Position: Price closed with no directional resolution Implications
Current Price: 6597.12 Active Levels: Resistance Range = 6613.00–6600.07 Support = 6517.41 Current Positioning Price tested resistance at the open and declined after the
SPX is at a multi-timeframe inflection zone (6613/6600). A breakout above 6613 = path toward the resistance range 6642–6652. A breakdown below 6600.07 = path toward 6517.41. Long-term
Inflection Level: 6615 If SPX > 6615: Upside target = 6633–6643 If SPX < 6615: Downside target = 6557 At present, downside risk is greater than upside potential, hinging on
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