SPX - The price found resistance at the 5DMA
$S&P 500(.SPX)$ : The price action opted for the bullish resolution recovering $6,629, which was the central weekly level for this week (thanks for the likes) so the bounce looks solid, in addition, the 10DMA was recovered.
Anyway, the price found resistance at the 5DMA. While Monday could bring green price action, be mindful of the weekly topping cross candle.
Candlestick patterns show price movements with green and red bars. Multiple moving averages are overlaid: 5-day (blue), 10-day (yellow), 20-day (red), and 50-day (purple). A watermark with "S/R SmartReversals" is visible in the center. An oscillator chart is below the main chart, showing price momentum.
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