Who is Eric Slover and why does he matter to markets today?

Eric Slover is associated with Medal of Honor recognition linked to a high‑risk Venezuela mission, known as Operation Absolute Resolve. That story places security and policy back on the market’s radar. It can shift risk appetite, most visibly in defense and energy segments, and influence short‑term flows and hedging.

What S&P 500 levels are most important right now?

We track the 6,896 pivot, Bollinger lower at 6,798.99 as support, and upper at 6,993.06 as resistance. Keltner upper near 7,055.39 is a stretch cap. ATR is 79.77, framing typical day moves. A hold above the pivot favours balance; repeated rejections invite a range trade.

How should Australian investors react to U.S. defense headlines?

Stay focused on energy sensitivity, defense exposure, and currency risk. If security stories rise, reassess sector weights, hedge part of USD exposure, and keep cash‑flow quality in view. Avoid large single‑sector bets. Let price confirm near 6,799 support or 6,993 resistance before altering allocations.

Is the S&P 500 trending or range‑bound today?

Indicators point to a range. RSI is 48.17 and ADX is 14.39, which shows no strong trend. MACD is improving versus its signal, suggesting mean reversion. Price sits near the 50‑day average of 6,898.62, with YTD change at +0.285%. We prioritise band‑based decision points over breakout trades today.

Law and Government

^GSPC Today: February 28 — SOTU MoH for Venezuela Raid Puts Risk Back On

ByHuzaifa Zahoor February 28, 2026February 28, 2026

Eric Slover is back in focus as recognition tied to a high‑risk Venezuela mission lifts geopolitical attention around the S&P 500. The ^GSPC trades at 6,878.89, down 0.43% today, with a 6,831.74–6,882.96 range and quieter volume than average. We see investors leaning into defense and energy narratives as the Medal of Honor story gains traction. For Australia, this can sway sentiment, the AUD, and local sector tilts. We outline today’s levels, the policy angle, and risk controls that fit an AU portfolio.