Markets
Platforms
Accounts
Investors
Partner Programs
Institutions
Contests
loyalty
Trading Tools
Resources
On the D1 timeframe, US500 shows a short-term bearish trend after breaking below a triangle pattern and forming lower highs and lower lows while trading below the EMA50 and EMA100. The index is currently near 6,700 with immediate resistance at 6,710–6,720. A break above this zone could push prices toward 6,800–6,850. Otherwise, the index may decline toward 6,660–6,675 and potentially 6,580–6,600.
On the daily timeframe, US500 (S&P 500) has formed a sequence of lower highs and lower lows after breaking below a triangle pattern, indicating that a short-term downtrend is gradually taking shape. In addition, the price is currently trading below both the EMA50 and EMA100, suggesting that bearish momentum continues to dominate in the near term.
The formation of lower highs and lower lows after US500 broke below the triangle pattern suggests that the short-term downtrend is becoming clearer. If the index fails to break above the 6,710–6,720 resistance zone, selling pressure is likely to continue dominating the market.
After rebounding from the support zone around 6,585–6,600, the index moved higher to retest the area near 6,850. However, bullish momentum failed to sustain, and the price quickly weakened again. The index is currently trading around 6,700.
The nearest resistance is located at 6,710–6,720. If US500 manages to break above and consolidate firmly above this level, the index could move back to test the 6,800 area, with the potential to extend towards 6,850, which previously acted as a significant supply zone.
On the downside, if the price fails to break above the aforementioned resistance, US500 is likely to retreat further in search of a new equilibrium level.
The nearest support levels to watch are 6,660–6,675. A break below this area could see the decline extend towards 6,580–6,600. Failure to hold above 6,600 may increase selling pressure, potentially pushing the index lower towards the 6,500 region, which represents a key support zone where buying interest previously emerged.
13.3.2026
S&P 500 (US500)
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
Ready for the Next Trading Step?
Open an account and get started.
Calculate lot sizes and risk.
Convert currencies in real-time.
Learn key trading terms and concepts.
Leverage your insights and take the next step in your trading journey with an XS trading account.
Linh Tran
Market Analyst
Linh Tran is a member of the Market Analysis team at XS.com, holding a Master’s degree and with experience in the financial markets since 2018. She focuses on macroeconomic analysis, central bank policies, and multi-asset markets including forex, commodities, equities, and cryptocurrencies, delivering structured and data-driven market insights.
This written/visual material is comprised of personal opinions and ideas and may not reflect those of the Company. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. XS, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same. Our platform may not offer all the products or services mentioned.
How Does Gold Trading Work with CFDs Gold trading with CFDs is a derivative instrument that allows traders to profit from gold price fluctuations without...
What Is SMT Divergence? SMT Divergence, or Smart Money Technique Divergence, is a confluence that helps you identify potential reversals by comparing two correlated assets....
What Is a Stock Market Bubble? A stock market bubble occurs when stock prices climb much higher than their actual value, usually driven by excited...
Stay in the loop with our latest announcements, product releases, and exclusive insights, delivering straight to your inbox.