News

S&P500 Technical Analysis: US Stocks jump above 2,900.00 level

S&P500 daily chart

  • The S&P500 index is trading above its main simple moving averages (SMAs) suggesting a bullish momentum.

S&P500 4-hour chart

  • The S&P500 is trading above its main SMAs suggesting a bullish bias in the medium-term.


S&P500 60-minute chart

  • The S&P500 is trading above its main SMAs leaving the bull trend intact for now. 
  • If bulls surpass 2,910.00, the next key resistance to the upside is at 2,930.00 level.
  • Looking down, investors can expect support at 2,890.00; 2,880.00 and 2,870.00 level.

Additional key levels

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.