S&P 500 Technical Analysis: Bears stick to the 3-month’s low

Flavio Tosti Independent Analyst

S&P500 daily chart

The S&P500 is in a bear trend below the 200-day simple moving average (SMA).
The S&P500 is trading near the 3-month’s low as technical indicators are turning bearish.
If bulls can hold prices above 2,600.00 then 2700.00 is the bull target. Alternatively, to the downside 2,570.00 can be next.

Additional key levels

SP 500

Overview:
    Today Last Price: 2634.75
    Today Daily change: -6.0e+3 pips
    Today Daily change %: -2.22%
    Today Daily Open: 2694.5
Trends:
    Previous Daily SMA20: 2705.82
    Previous Daily SMA50: 2744.54
    Previous Daily SMA100: 2813.47
    Previous Daily SMA200: 2766.2
Levels:
    Previous Daily High: 2715.25
    Previous Daily Low: 2621
    Previous Weekly High: 2764
    Previous Weekly Low: 2629.8
    Previous Monthly High: 2818.75
    Previous Monthly Low: 2626
    Previous Daily Fibonacci 38.2%: 2657
    Previous Daily Fibonacci 61.8%: 2679.25
    Previous Daily Pivot Point S1: 2638.58
    Previous Daily Pivot Point S2: 2582.67
    Previous Daily Pivot Point S3: 2544.33
    Previous Daily Pivot Point R1: 2732.83
    Previous Daily Pivot Point R2: 2771.17
    Previous Daily Pivot Point R3: 2827.08

Author

Flavio Tosti

Independent Analyst

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