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

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