S&P500 Technical Analysis: US Stocks remain upbeat near 2,910.00 level
|S&P500 daily chart
- The S&P500 index is trading in a bull trend above its main simple moving averages (SMAs).
- The S&P500 is evolving 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 the time being.
- If bulls can break above 2,910.00, the next key resistance to the upside is at 2,930.00 level.
- To the downside, traders can expect support at 2,890.00; 2,880.00 and 2,870.00 level.
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