S&P500 technical analysis: US stocks consolidate gains below 2,900.00
|S&P500 daily chart
The S&P500 Index consolidated the recent gains below 2,900.00. The market trades above its main daily simple moving averages (DSMAs).
The index is trading above its main SMAs suggesting bullish momentum in the medium term. The level to beat for bulls is at 2,910.00. A break beyond the resistance can lead to 2,940.00 and 2,960.00. Immediate support is at 2,880.00 and 2,840.00.
Additional key levels
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