| ◇ | 7,922.97 | UP | derived — 1% beyond 7,844.52; active only on a confirmed break |
| ◇ | 7,860.01 | UP | derived — 1% beyond 7,782.19; active only on a confirmed break |
| ★★★★★ | 7,844.52 | UP | Annual ceiling; a daily close above reopens the yearly uptrend. |
| ★★★★ | 7,782.19 | UP | Bull trigger and supply floor; first real test above. |
| ★ | 7,731.18 | Prior session high; first stop for longs off the pivot. | |
| → | 7,690.73 | last close (+0.41%) | |
| ★ | 7,684.79 | Prior session low; sits just under price, day-trade line. | |
| ★★★★ | 7,616.78 | DP | Bear trigger; multi-week floor holding the whole swing. |
| ◇ | 7,540.61 | DP | derived — 1% beyond 7,616.78; active only on a confirmed break |
| ★★★ | 7,507.77 | DP | Weekly floor and swing low; last stop before demand fails. |
| ★★★★★ | 6,316.91 | DP | Annual floor; far away, only matters in a real unwind. |
| ◇ | 6,253.74 | DP | derived — 1% beyond 6,316.91; active only on a confirmed break |
🟢bullish | $7,690.73 · swing (days–weeks)
🔥Bear trigger: < 7,616.78 (daily close)
🟩Bull trigger: > 7,782.19 (daily close)
🎯Down: 7,600.00, 7,550.00, 7,507.77 — Up: 7,800.00, 7,844.52
SPX is at 7,690.73, just above EQ at 7,676.15 and inside the 7,507.77–7,616.78 demand / 7,782.19–7,844.52 supply range, with the 5-touch cluster at 7,581.50–7,638.17 underneath. The engine leans up: 7-session forecast +0.26% at 53 confidence, weekly +0.81% at 55, dealer gamma positive so moves should be dampened. Price is still below the 20-day (7,735.54) and 50-day (7,705.08), so the upside needs to earn it.
— Trigger: daily close below 7,616.78, which also loses the cluster.
— Entry: short a retest of 7,616.78 from below.
— Invalidation: stop 7,650.00; a reclaim above it voids the break.
— Targets: 7,600.00, 7,550.00, 7,507.77.
— Entry: long near 7,684.79 (prior session low) while 7,616.78 holds.
— Invalidation: stop 7,647.99, about 37 points risk.
— Targets: 7,731.18, then 7,782.19 (about 97 points to the second).
— A daily close above 7,782.19 triggers the bull case toward 7,800.00 and 7,844.52; trail stops under 7,731.18 once it is taken.
The read flips on a daily close below 7,616.78 (bearish) or above 7,782.19 (bullish). The 7,844.52 annual high is the level that changes the yearly story; a confirmed break spawns a derived UP at 7,922.97. Until then expect rotation inside 7,616.78–7,782.19 with an ATR of 71.23.