TradeWize · free chart read
^GSPC is 28 bars into an uptrend, bouncing inside a bear flag under a 4 hour downtrend. It poked below the flag 1 bar ago without closing there. 7671.45 ends the flag, 7666.43 resumes the fall.
What the read found
- Trend: a series of higher highs and higher lows over the window, 3 steps across 28 bars, still intact
- Formation: bear flag — Poked below 7666.43 1 bar ago without closing there. Still forming.
- Decides above: 7671.45 (the bear flag)
- Decides below: 7666.43 (the bear flag)
- Resistance: 7676.48
- Resistance: 7681.09
- Support: 7663.59
- Support: 7642.36
- Level history: The last two times price reached 7676.48 it held every time, bouncing 0.2% on average.
- Level history: The last two times price reached 7681.09 it held once, bouncing 0.2%.
- Level history: The last seven times price reached 7663.59 it held every time, bouncing 0.1% 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