S&P 500 SPX

IndexS&P 500 · SPX perp · BingX

$7,646.9-0.43% 1D

Lines are each pattern's own boundaries (support, resistance or neckline; grey = the pattern's swings), drawn only on the timeframe where it formed.

Minimum target (book measuring rule)Magee stop

Candles: BingX perpetual contract.

Prices are BingX SPX perpetual-contract prices that track S&P 500; they are not official exchange quotes and can differ from them, especially outside US market hours. Weekend and US-holiday candles are left out. Not investment advice.

Chart patterns

Breakouts & breakdowns

5-week rectangle · 2 testsBroke out · retested 80d ago1D
Ch 9: price trading between a level ceiling and a level floor. Confirmed by a close about 3% above the line ($7,583.2) on 2.8× normal volume. Price has since come back to the line: a pullback, which the book calls normal and frequent, not a failure. Minimum target: $7,960.15 (a minimum, not a limit). Magee stop (Ch 27): $6,927.5, 5% beyond the last minor bottom. It broke on a gap (Ch 12: a breakaway gap adds force).

Watchlist

2-month ascending triangle · 3 tests<0.1% from breakdown1D
Ch 8: a flat ceiling with rising lows, volume shrinking toward the apex. Not broken yet: a close below $7,671.75 by about 3% would confirm it. Minimum target: $7,332.99 (a minimum, not a limit).
2-week ascending triangle · 9 tests0.2% from breakdown4H
Ch 8: a flat ceiling with rising lows, volume shrinking toward the apex. Not broken yet: a close below $7,634.48 by about 3% would confirm it. Minimum target: $7,590.4 (a minimum, not a limit).
2-week ascending triangle · 14 tests2.3% from breakout4H
Ch 8: a flat ceiling with rising lows, volume shrinking toward the apex. Not broken yet: a close above $7,818.78 by about 3%, on a clear rise in volume, would confirm it. Minimum target: $7,855.56 (a minimum, not a limit).
2-month ascending triangle · 7 tests2.5% from breakout1D
Ch 8: a flat ceiling with rising lows, volume shrinking toward the apex. Not broken yet: a close above $7,851.61 by about 3%, on a clear rise in volume, would confirm it. Minimum target: $8,146.6 (a minimum, not a limit).