Broker Data / Price chart - SPX, page-6

You too, if good news comes it could gap past some of these resistance points but these are valid supply zones which proved as support previously and have all broken through and then later backtested and rejected.

Also if you we take a closer look at the current price action it's trending up and is in an ascending channel. price is putting in higher highs and higher lows. its being supported higher and higher gradually by the pros I would imagine its them because we know retail is seling and we also know their buy price is avg is 1.1- 1.2 . If support is there at 1.1/2 can hold its a bottom draw as it reverses in my view.