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SPX500 Holds Steady as Markets Eye US-China Trade Developments

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SPX500 Overview

U.S. stock futures were little changed on Tuesday as investors awaited key developments from the U.S.-China trade talks underway in London.

Technical Outlook (4H Chart):
The index is experiencing cautious movement amid ongoing tariff tensions and geopolitical uncertainties.

Bullish Scenario:
A sustained 4H close above 6030 could confirm bullish momentum, with upside targets at 6066 and 6098, potentially extending toward a new all-time high (ATH).

Bearish Scenario:
As long as the price remains below 6010, bearish momentum may persist, targeting the support levels at 5966, followed by 5938 and 5902.

Support: 5966 • 5938 • 5902
Resistance: 6066 • 6098

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