Technical analysis by KlejdiCuni about Symbol SPYX: Sell recommendation (12/16/2025)

US500: Beware of a Possible Downtrend US500 found a strong resistance area near 6920, as we can see the price reacting quickly. There is a high possibility that we will have a strong resistance area near the top of the structure, which could push the price back down to the bottom of a larger corrective pattern, with support/target 6500 - 6550. I don't like to sell indices in these extremely bullish conditions, but you can take this as a possible downside scenario that this move could happen, and it could help you in your trading. If you want to sell indices, I would only advise you to buy PUT options, considering that the risk is more limited compared to CFD trading. The price could fall to 6700 and 6500, created by year-end profits. If the price moves above 6920, this analysis will be invalid. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading dayUS500: Further decline as Expected Currently, US500 has made a small correction and has been rejected near 6825. Overall, this correction was in line with expectations. The price has already fallen to 6740, creating a new lower low, which shows a stronger bearish momentum despite being in very risky positions. There is a high possibility that US500 will fall further to 6700 and 6550