$SPX, bulls need to hold 7425 at the open and reclaim 7450 / 7475. Otherwise, most bounces may continue to get sold.
Below 7425, the next major support is 7400. A confirmed loss of 7400 could trigger further downside acceleration.
📌 Levels to Watch
🟢 Above 7475 → 7500 → 7520 / 7530
🔵 Reclaim 7450 → First sign of strength
🟠 Hold 7425 → Bulls need to defend
🔴 Lose 7400 → Meltdown risk increases
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