| ◇ | 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. Sellers defend it until a daily close says otherwise. |
| ★★★★ | 7,782.19 | UP | Bull trigger. Daily close above flips supply into support. |
| ★ | 7,731.26 | Session containment just overhead; first hurdle for any bounce. | |
| → | 7,712.57 | last close (+0.28%) | |
| ★ | 7,668.03 | Prior session low, sitting just under EQ. Intraday long spot. | |
| ★★★★ | 7,616.78 | DP | Bear trigger and the swing pivot. Holds are buyable, closes below are not. |
| ◇ | 7,540.61 | DP | derived — 1% beyond 7,616.78; active only on a confirmed break |
| ★★★ | 7,507.77 | DP | Weekly containment and swing low. Floor of the demand zone. |
| ★★★★★ | 6,316.91 | DP | Annual floor. Far away, but it defines the yearly story. |
| ◇ | 6,253.74 | DP | derived — 1% beyond 6,316.91; active only on a confirmed break |
🟢bullish | $7,712.57 · swing (days–weeks)
🔥Bear trigger: < 7,616.78 (daily close)
🟩Bull trigger: > 7,782.19 (daily close)
🎯Up: 7,800.00, 7,844.52, 7,850.00 | Down: 7,600.00, 7,550.00
SPX closed at 7,712.57 (+0.28%), above EQ at 7,676.15 and inside the range between the 7,616.78 DP and the 7,782.19 UP. Demand sits at 7,507.77–7,616.78 with a five-touch cluster at 7,581.50–7,638.17; supply is 7,782.19–7,844.52.
The engine leans up: 1d +0.20% and 1w +0.78%, confidence 56 and 54.9. Dealer gamma is positive, so expect dampened, pinned moves. ATR is 71.88.
— Trigger: daily close below 7,616.78, which also takes out the cluster.
— Short entry: on that close or a retest of 7,616.78 from below.
— Invalidation: back above 7,668.03.
— Targets: 7,600.00, 7,550.00, then 7,507.77. Derived DP at 7,540.61 only becomes active on a confirmed break.
— Long entry: 7,668.03 on a pullback toward EQ (7,676.15), stop 7,595.22 (below 7,616.78).
— Targets: 7,731.26, then 7,782.19.
— Breakout long: daily close above 7,782.19, stop 7,731.26, targets 7,800.00 and 7,844.52.
— Above 7,844.52 the derived UP at 7,860.01 comes into play.
A daily close above 7,782.19 shifts the read to a test of the 7,844.52 annual high; a close below 7,616.78 turns the week into a rotation toward 7,507.77. The weekly forecast band runs 7,549.31 to 7,857.20 for the first week, so both triggers are inside the expected range.
Nothing changes the yearly picture while price stays inside 6,316.91–7,844.52.