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S&P500 Index technical analysis: US stocks at a stone’s throw from the 3,000 big figure

  • The S&P500 is nearing the 3,000 handle.
  • If broken, resistances can be located at the 3,010 and 3,045 level.  
  • The 4th of July holiday in the United States keeps the market contained. 

S&P500 daily chart

The S&P500 is advancing towards the 3,000 big figure. If the market reaches that level market participants will be looking for a potential continuation up. The next resistances might be located at the 3,010 and 3,045 level.

S&P500 4-hour chart

Buyers intend to get to the 3,000 mark. If the bullish attempt fails. Support is at the 2,950 level. If broken to the downside, 2,940 can be the next level of support.

Additional key levels

SP 500

Overview
Today last price2998.75
Today Daily Change1.00
Today Daily Change %0.03
Today daily open2997.75
 
Trends
Daily SMA202919.28
Daily SMA502882.19
Daily SMA1002860.93
Daily SMA2002765.35
Levels
Previous Daily High2998.75
Previous Daily Low2971
Previous Weekly High2958
Previous Weekly Low2911
Previous Monthly High2965
Previous Monthly Low2729.25
Daily Fibonacci 38.2%2988.15
Daily Fibonacci 61.8%2981.6
Daily Pivot Point S12979.58
Daily Pivot Point S22961.42
Daily Pivot Point S32951.83
Daily Pivot Point R13007.33
Daily Pivot Point R23016.92
Daily Pivot Point R33035.08

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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