SPX kicked off the holiday season on the right note with another up session. The index is now testing waters above the recent resistance at 6903, and if momentum holds, we could be looking at a push toward the monthly R1 pivot around 6980 before year-end. The setup looks interesting for the final trading days of December—worth watching how price behaves around these key levels through the 31st.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
SPX kicked off the holiday season on the right note with another up session. The index is now testing waters above the recent resistance at 6903, and if momentum holds, we could be looking at a push toward the monthly R1 pivot around 6980 before year-end. The setup looks interesting for the final trading days of December—worth watching how price behaves around these key levels through the 31st.