Auto-detected technical analysis for SPXS · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$26.49last close · Jun 30, 2026
SPXS falling wedge pattern
SPXS is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $28.69 (+9.2%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R.
SPXS's most recent completed Falling Wedge resolved as a loss: it broke higher on Jun 5, 2026 near $27.92, then was stopped out at $26.00 on Jun 15, 2026 — a -0.80R move (6.9%) over 6 sessions. Across 43 backtested falling wedges, this setup wins 55.8% of the time.
OutcomeLossResult-0.80REntry$27.92Exit$26.00
How falling wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
SPXS support and resistance levels
Price found a floor near $24.95 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $34.35 — still about 30% away.
Traders commonly watch $34.35 as a target (its 100% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $24.95 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.
Nearest auto-detected support sits near $25.91, resistance near $34.53. These are chart/swing-derived levels, not formula pivots.
Resistance
$34.53$48.23
Support
$25.91
SPXS recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$27.04
$27.09
$26.32
$26.49
Jun 29, 2026
$27.58
$28.08
$27.00
$27.07
Jun 26, 2026
$28.44
$28.68
$27.57
$28.52
Jun 25, 2026
$27.26
$28.33
$27.22
$27.93
Jun 24, 2026
$27.69
$28.18
$27.14
$27.92
Jun 23, 2026
$27.84
$28.00
$27.20
$27.84
Jun 22, 2026
$26.56
$27.05
$26.30
$26.92
Jun 18, 2026
$26.54
$26.97
$26.49
$26.67
Jun 17, 2026
$26.37
$27.64
$26.27
$27.46
Jun 16, 2026
$26.02
$26.51
$25.94
$26.45
SPXS frequently asked questions
What chart pattern is SPXS forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Daily S&P 500 Bear 3X (SPXS) on the daily chart, with a measured-move target of $28.69.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on SPXS is a bullish pattern, projecting a measured-move target of $28.69. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for SPXS?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), SPXS's nearest support is around $25.91 and nearest resistance around $34.53.
What is the price target if SPXS's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $28.69 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SPXS's closing price on Jun 30, 2026?
Daily S&P 500 Bear 3X (SPXS) last closed at $26.49 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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