S&P 500 Price Analysis: US stocks holding in three-month highs

The S&P 500 is flirting with levels last seen in early March 2020.
The level to beat for buyers is the 3185 resistance.

Flavio Tosti Independent Analyst

S&P 500 daily chart

The S&P 500 is holding above the main SMAs as the market is hovering in fresh 3-month highs. As the buyers stay in charge, a break above the 3180 resistance would introduce scope for a run towards the 3267 level in the medium-term. On the flip side of the coin, support can emerge near the 3100/3075 price zone and the 3000 figure initially.

Additional key levels

SP 500

Overview
Today last price	3107.25
Today Daily Change	-13.75
Today Daily Change %	-0.44
Today daily open	3121

Trends
Daily SMA20	2963.94
Daily SMA50	2837.21
Daily SMA100	2948.68
Daily SMA200	3012.64

Levels
Previous Daily High	3131.75
Previous Daily Low	3084.5
Previous Weekly High	3069.5
Previous Weekly Low	2959
Previous Monthly High	3069.5
Previous Monthly Low	2768
Daily Fibonacci 38.2%	3113.7
Daily Fibonacci 61.8%	3102.55
Daily Pivot Point S1	3093.08
Daily Pivot Point S2	3065.17
Daily Pivot Point S3	3045.83
Daily Pivot Point R1	3140.33
Daily Pivot Point R2	3159.67
Daily Pivot Point R3	3187.58

Author

Flavio Tosti

Independent Analyst

EUR/USD recedes to daily lows near 1.1770

EUR/USD is losing some momentun, easing to daily troughs around 1.1770 on turnaround Tuesday. The pair’s pullback comes amid solid gains in the US Dollar, all amid lingering uncertainty around US tariffs ahead of comments from Fed officials.

GBP/USD comes under pressure below 1.3500, focus on BoE

GBP/USD is on the defensive again on Tuesday, hovering below the 1.3500 mark as the Greenback stages a firm rebound after two soft sessions. Investors, in the meantime, are expected to closely follow BoE official’s comments later in the day.

Gold fades the advance, back to $5,100

Gold is giving back a good portion of the recent multi-day rally, receding to the boundaries of the $5,100 region per troy ounce amid the marked rebound in the Greenback. In the meantime, markets’ attention remain on upcoming comments from Fed speakers.

Crypto Today: Bitcoin, Ethereum, XRP come under renewed pressure amid ETF outflows, tariff uncertainty

Bitcoin, Ethereum and Ripple are trading under increasing selling pressure at the time of writing on Tuesday, as market participants navigate renewed tariff uncertainty. The Crypto King holds above $63,000, down 2% intraday from its $64,656 open.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

Dogecoin, Shiba Inu, and Pepe extend losses on bearish signals

Meme coins are facing renewed selling pressure amid fading broad risk-on sentiment so far this week, with Dogecoin, Shiba Inu, and Pepe extending their losses after recent corrections.