TradeWize · free chart read

^GSPC broke out of a falling wedge 2 bars ago on heavier than normal volume inside a daily uptrend. Below 7646.23 the break has failed.

^GSPC · 4H · read on 2026-09-02 · Broke above 7646.23 2 bars ago on heavier than normal volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 30 bars, still intact
Formation: falling wedge — Broke above 7646.23 2 bars ago on heavier than normal volume. No retest yet.
Decides above: 7772.62 (resistance)
Decides below: 7646.23 (the breakout)
Resistance: 7772.62
Support: 7638.59
Support: 7347.60
Level history: The last four times price reached 7772.62 it held every time, bouncing 1.3% on average.
Level history: The last two times price reached 7638.59 it held every time, bouncing 1.1% on average.
Level history: The last three times price reached 7347.60 it held every time, bouncing 3.5% on average.

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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns