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SPX500 Awaits Breakout as Trade Talks Fuel Market Caution

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Wall Street Edges Up Amid Tariff Talks & Trade Turbulence

U.S. stock index inched higher on Wednesday as markets remain on edge over President Donald Trump's aggressive tariff stance and the ongoing negotiations with global trade partners. Traders are cautiously watching for clarity, with sentiment shifting quickly on any updates.

📉 SPX500 Technical Outlook

The index continues to consolidate within a narrow range between 6223 and 6246. A confirmed breakout from this zone is needed to define the next directional move.

A break below 6223 would confirm bearish continuation toward 6194, with potential extension to 6143.

A break above 6246 would shift the bias bullish, targeting 6282, followed by 6305.

Key Levels:
Support: 6223 / 6195 / 6143
Resistance: 6282 / 6305

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