tradeCompass Summary for June 23, 2025

Bullish above: 5,991

Bearish below: 5,982

Current price at the time of this analysis: ~6,000

Directional bias: Bullish until proven otherwise

Partial profit targets (Bullish): 6,008, 6,019, 6,024, 6,032.5, 6,056, 6,063, 6,100

Partial profit targets (Bearish): 5,974, 5,957, 5,935

Today’s S&P 500 Market Context and Directional Bias After U.S.-Iran Escalation

After a tense geopolitical weekend marked by U.S. strikes on Iranian nuclear facilities, futures markets opened with a sharp downside gap. However, instead of a continued drop, S&P 500 E-mini Futures (ES) staged a surprisingly strong recovery. Within the low-volume early hours of Sunday night (U.S. time), ES surged nearly 49 points from the…