[**S&P500 Is at a Critical Support | The Weekโs Direction Starts Here**](
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๐Time Frame: **4-hour time frame**
๐Status: **Long**
The S&P 500 is currently moving near a support zone($6,877-$6,837) and support lines. Last week, the monthly pivot point($6,917.5) acted as a good resistance level for this index.
๐ชGiven that the crypto marketโespecially **Bitcoin**โhas recently regained strong correlation with the S&P, this analysis may be important for the crypto community too.
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The previous analysis hit the **Target**โ
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๐Full Chart & Analysis: [Check on TradingView](
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#stocks #spx500 $SPX #trading #analysis #bitcoin
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