$SPX Quick Update

$SPX is showing signs of a potential short-term recovery:

🔹 1H Timeframe:

Price is attempting to reclaim MA7 (~1.65) as support. A successful flip here could trigger momentum towards MA25 (1.82).

🔹 4H Timeframe:

The price is holding strong above MA200 (1.6278) – a critical support level preventing deeper downside.

If bulls defend these zones, we may see a bounce continuation. But failure to sustain could drag price back toward the 1.58–1.55 support band.

Keep eyes on the next 2–4 candles for confirmation.