SPX · Market structure

SPX6900 (SPX) market structure today

SPX market structure on the 1h, 4h and daily charts of the Binance SPXUSDT perpetual, recalculated every two hours from closed candles. The page also lists Finora’s latest published AI chart reads of SPX.

Last updated: 2 November 2026, 19:21 UTC

Market structure now

Calculated 2 November 2026, 19:21 UTC from closed candles of the Binance SPXUSDT perpetual, last price 0.3574.

SPX market structure by timeframe, calculated 2 November 2026, 19:21 UTC
Chart	Trend	Last swing high	Last swing low	Trend flips on	RSI 14
1h	Bullishsince 2 Nov, 04:00 UTC	0.3686HH · 2 Nov, 03:00 UTC	0.3507HL · 2 Nov, 08:00 UTC	Close below 0.3507turns it bearish · 1.87 percent away	53.6
4h	Bearishsince 30 Oct, 00:00 UTC	0.4123HH · 29 Oct, 00:00 UTC	0.3493HL · 1 Nov, 04:00 UTC	Close above 0.4123turns it bullish · 15.36 percent away	51.4
Daily	Bullishsince the 28 Oct close	0.4026LH · 20 Oct	0.3331LL · 24 Oct	Close below 0.3331turns it bearish · 6.80 percent away	45.4

Summary built from the table The timeframes disagree: the 1h and daily trends are bullish and the 4h trend is bearish. The 1h trend turned bullish with a close above 0.3654 at 04:00 UTC on 2 Nov, the 4h trend turned bearish with a close below 0.3495 at 00:00 UTC on 30 Oct, and the daily trend turned bullish with a close above 0.4026 on 28 Oct. The 4h higher high and higher low and the daily lower high and lower low do not change those trends: a swing label only compares a high with the previous high, or a low with the previous low, and a trend changes only when a candle closes beyond the last swing. The nearest flip level is 0.3507 on the 1h chart, 1.87 percent from the last price; a 1h close below it would turn the 1h trend bearish.

Last 24 hours (rolling, at calculation time): up 1.51 percent, range 0.3507 to 0.3699.
Funding: the current rate on this perpetual is 0.0050 percent (longs pay shorts), the live estimate for the next payment at 2 Nov, 20:00 UTC; the contract pays every 4 hours. Funding rates across the market
Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.

The last 60 closed four-hour candles of SPXUSDT with every confirmed swing label and the 4-hour flip level (dashed). A swing is confirmed five candles after it forms.

Recent swing points

1h: higher high 0.3654 (1 Nov, 13:00 UTC), higher low 0.3506 (1 Nov, 19:00 UTC), higher high 0.3686 (2 Nov, 03:00 UTC), higher low 0.3507 (2 Nov, 08:00 UTC)
4h: higher high 0.3875 (26 Oct, 12:00 UTC), higher high 0.4123 (29 Oct, 00:00 UTC), lower low 0.3352 (30 Oct, 00:00 UTC), higher low 0.3493 (1 Nov, 04:00 UTC)
Daily: lower high 0.4627 (5 Oct), lower low 0.3333 (15 Oct), lower high 0.4026 (20 Oct), lower low 0.3331 (24 Oct)

How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.

Latest published read

4h No stated bias 2 November 2026, 08:57 UTC

Structure shows lower highs and lows below EMAs

Price is trading below EMA20 and EMA200 on the 4-hour chart with a sequence of lower highs and lows. Daily and weekly trends remain bullish, so this move is corrective inside a larger uptrend.

Chart: Binance SPXUSDT.P · From a Finora AI read posted to Finora’s Telegram showcase · Excerpt, AI-generated and educational

Trend context

This page has collected 1 published read of SPX since 2 November 2026.
Measured when the 2 Nov, 08:57 UTC read went out: price was up 0.28 percent over 15 minutes, up 1.05 percent over 1 hour and up 0.56 percent over 24 hours; 15-minute volume was 1.0 times its recent average.
Most reads collected here use the Binance SPXUSDT.P chart.

About this page

SPX trades on Binance Futures as the USDT-margined SPXUSDT perpetual, listed on 10 December 2024. By 24-hour trading volume it was the 166th busiest of the 512 Binance coin perpetuals tracked on this site when the table was last calculated.

This page counts 6 of Finora’s posts about SPX from the last 30 days: 1 AI chart read in its Telegram showcase and 5 short market notes on X. The most recent ones are listed below.

There is no project profile here on purpose. This page sticks to what can be measured from the chart, and the table is rebuilt every two hours from closed candles, with the time of the last run printed above it.

How to use this page

Start with the timeframe you actually trade, then look one step up. When the 1h trend disagrees with the 4h or daily trend, as it does here, a move on the 1h chart is going against the bigger picture, and the flip level of the higher timeframe is the one that would change it. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.

Each published read follows the same checklist: the trend on that timeframe, how it lines up with the daily and weekly charts, where the liquidity sits, the key levels, and the close that would invalidate the idea. How Finora reads a chart explains each step. Treat every number here as a note from the time printed next to it, then check the live chart before you act.

Educational content, not financial advice. The structure data is calculated automatically, the reads are AI-generated, and both can be wrong or out of date by the time you see them. Trading involves risk; you make your own decisions.