SP500 – Daily Analysis

S&P 500 pulled back today, but the key question is whether this was the start of a reversal or simply technical consolidation ahead of the Fed rate announcement. After the recent advance, the market had room to pause — but the character of that pause now matters. In today’s technical analysis, we look past the headlines and examine the latest S&P 500 candles, momentum signals, market structure, and key technical levels to assess the most probable direction and potential targets. The focus is on whether today’s weakness changed the bullish roadmap, or only reset the short-term structure before the next move. CANDLES An interesting close today. The daily and 2D frames closed with bearish candles. However, across all indices, these candles still require confirmation and a loss of technical support — and that would need to happen within the next 1–2 days. At the same time, the 3D and a…