S&P500 Technical Analysis: US Stocks reject 2,800.00 as bears set their eyes on October low
|- The S&P500 remains under pressure following the recent strong pullback down.
- The market rejected the 2,800.00 level and looks ready to test the current October low. The indicators remain weak and suggest further losses ahead.
- Support can be seen near 2,718.75 April 17 high and 2,710.00 October 11 low.
S&P500 daily chart
Spot rate: 2,766.00
Relative change: -0.29%
High: 2,799.00
Low: 2,761.00
Main trend: Bullish
Short-term trend: Bearish
Resistance 1: 2,800.00 figure
Resistance 2: 2,834.25 current October 10 low
Resistance 3: 2,853.00 August 9 low
Resistance 4: 2,863.75 August 7 high
Resistance 5: 2,877.00 January swing high
Support 1: 2,763.50 July 11 low
Support 2: 2,718.75 April 17 high
Support 3: 2,710.00 October 11 low
Support 4: 2,700.00 figure
Support 5: 2,647.25 March 2 low
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