SPX500 Formed false breakout Bearish Bias 6,205

SP500 Short-Term Bearish Bias

The SPX500 remains under pressure as it trades below the key resistance level of 6260. Price action suggests a potential rejection from this resistance, signalling a continuation of downside momentum.

This bearish sentiment is further fuelled by recent tariff escalations by President Trump, which are weighing heavily on investor sentiment across global indices.

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