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S&P 500 futures breaks 6,306/6,302, settles in 6,288–6,274 range

S&P 500 futures breaks 6,306/6,302, settles in 6,288–6,274 range

After surrendering 6,306 and slicing through 6,302 / 6,297, E-mini S and P Futures hit 6,276 and now chop between 6,288 and 6,274; a breach below 6,274 risks a slide to 6,265 / 6,255 while reclaiming 6,288 → 6,306 is needed to reignite upside.

Session overview

  • Pivot loss: During the London overlap, ESU2025 gave up the 6,306 pivot and slipped below the 6,302 / 6,297 defences.
  • Target hit: The move carried through 6,288 (first target) and reached a low near 6,276, just above our secondary target at 6,274.
  • Holiday consolidation: In the thin-volume New York Holiday session, price has chopped between 6,288 and 6,274, forming a tight range with little conviction.

Updated levels and stakes

Key support: 6,274 – Yesterday’s VAH breakout pivot; last bull line

Secondary support: 6,265 – Overnight node low—break risks a deeper slide

Tertiary defence: 6,255 – Multi-day pivot; next stop before POC

POC region: 6,243–6,247 – High-volume area; strong magnet on continued selloff

Reclaim thresholds: 6,288 – Hurdle to upside; reclaim for bull re-entry

Bullish triggers: 6,297 / 6,302 – Reclaims to confirm momentum toward 6,306+

ESFXStreet - 4_07_2025, 3_32_41 PM-638872477414106454.png

London pre-opening session

London update FXStreet- 5_07_2025, 3_20_30 AM-638872488164368077.png

London session overlaps with the New York holiday session

Updated playbook

  1. Bearish continuation (
    • Entry: Clean close under 6,274 on H1.
    • Targets: 6,265 (overnight node), 6,255 (session pivot), 6,247–6,243 (POC region)
    • Stop: Above 6,288

  2. Defensive hold (6,274 – 6,288):
    • Setup: Look for 3 min/H1 reversal bars in this zone.
    • Re-entry targets: 6,297 (session swing), 6,302 (node high), 6,306 (pivot)
    • Stop: Below 6,274
  3. Bullish reclaim (> 6,288):
    • Entry: Break and hold above 6,288 on H1.
    • Targets: 6,297 → 6,302 → 6,306
    • Stop: Below 6,274

This analysis is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Futures trading carries a high level of risk and may not be suitable for all investors. Always conduct your due diligence and consult a qualified financial professional before making any trading decisions.

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