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S&P500 Technical Analysis: Bulls looking at the 2,850.00 level

S&P500 daily chart

  • The S&P500 is trading above its main simple moving average suggesting bullish momentum.

 

S&P500 4-hour chart

  • The S&P500 is trading above its main SMAs suggesting bullish momentum in the medium-term.

 

S&P500 60-minute chart

  • The S&P500 is trading above its main SMAs suggesting bullish momentum in the short-term.
  • The break above 2,830.00 can lead to 2,850.00 and 2,890 resistances.
  • Support is at 2,830.00; 2,820.00 and 2,805.00 level.


Additional key levels

SP 500

Overview:
    Today Last Price: 2834
    Today Daily change: 9.25 points
    Today Daily change %: 0.33%
    Today Daily Open: 2824.75
Trends:
    Daily SMA20: 2787.06
    Daily SMA50: 2727.02
    Daily SMA100: 2679.67
    Daily SMA200: 2754.21
Levels:
    Previous Daily High: 2831
    Previous Daily Low: 2810.25
    Previous Weekly High: 2831
    Previous Weekly Low: 2746.5
    Previous Monthly High: 2814.25
    Previous Monthly Low: 2681.75
    Daily Fibonacci 38.2%: 2823.07
    Daily Fibonacci 61.8%: 2818.18
    Daily Pivot Point S1: 2813
    Daily Pivot Point S2: 2801.25
    Daily Pivot Point S3: 2792.25
    Daily Pivot Point R1: 2833.75
    Daily Pivot Point R2: 2842.75
    Daily Pivot Point R3: 2854.5

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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