S&P500 Index technical analysis: US stocks reach 2,890.00 target on earning figures


S&P500 daily chart
 
The S&P500 Index is trading in a bull trend above its 200-period simple moving averages (SMA). The index is up as investors are cheering better-than-anticipated earning figures.

S&P500 4-hour chart


The market is very close to the 2,900.00 figure along with the 100 and 200 SMAs.
As discussed previously, the market hit 2,890.00 this Thursday. 


S&P500 30-minute chart

Bulls are back in charge. The next main target is seen at 2,937.00. Before that bulls need to break above 2,890.00 resistance and the 2,920.00 price level.
Support is seen at 2,870.00 and 2,852.00 level. 

Additional key levels

SP 500

Overview
Today last price 2888.75
Today Daily Change 35.25
Today Daily Change % 1.24
Today daily open 2853.5
 
Trends
Daily SMA20 2905.02
Daily SMA50 2872.32
Daily SMA100 2788.29
Daily SMA200 2770.23
Levels
Previous Daily High 2859
Previous Daily Low 2814.25
Previous Weekly High 2937.75
Previous Weekly Low 2825
Previous Monthly High 2954.75
Previous Monthly Low 2850.25
Daily Fibonacci 38.2% 2841.91
Daily Fibonacci 61.8% 2831.34
Daily Pivot Point S1 2825.5
Daily Pivot Point S2 2797.5
Daily Pivot Point S3 2780.75
Daily Pivot Point R1 2870.25
Daily Pivot Point R2 2887
Daily Pivot Point R3 2915

 

 

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