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$SPX found its footing near the monthly pivot at 6837 last Friday—a critical level to watch. If bulls maintain this support, expect potential upside toward 6954 for the first monthly resistance, which aligns interestingly with the 1.618 Fibonacci extension from the April 2025 downturn. The setup looks constructive if price holds. However, bears shouldn't sleep: a close below 6837 could flip the script fast, sending it hunting for the first monthly support level below.