FX.co ★ Technical Analysis of #SPX intraday price movements on Thursday, February 26, 2026

[#SPX]

With both EMAs position which is in a Golden Cross, there is potential for #SPX today to strengthen toward its nearest resistance level.

Key Levels

1. Resistance. 2 : 7023.04

2. Resistance. 1 : 6992.86

3. Pivot : 6936.62

4. Support. 1 : 6906.44

5. Support. 2 : 6850.20

Tactical Scenario

Positive Reaction Zone: If the price breaks out above 6992.86, there is a likelihood of a rise toward 7023.04.

Momentum Extension Bias: If 7023.04 is broken, there is potential to test 7079.28.

Invalidation Level / Bias Revision

The upside bias weakens if the price breaks down and closes below 6

Technical Summary

EMA(50) : 6918.05

EMA(200): 6885.67

RSI(14) : 49.53

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - Unemployment Claims - 20:30 WIB

US - Natural Gas Storage - 22:30 WIB