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S&P500 technical analysis: The bull run goes on as the market challenges the 2,900.00 mark

S&P500 daily chart
 
The S&P500 Index pushed beyond the 2900.00 mark on an intraday basis as the market trades above its main daily simple moving average (DSMA).


S&P500 4-hour chart


The index remains under heavy bullish pressure above its main SMAs. The level to beat for bulls is 2,910.00 which if broken can lead to 2,940.00 and 2,960.00. Immediate support is at 2,880.00 and 2,840.00.

Additional key levels

SP 500

Overview
Today last price2887.25
Today Daily Change10.25
Today Daily Change %0.36
Today daily open2877
 
Trends
Daily SMA202830.39
Daily SMA502874.21
Daily SMA1002827
Daily SMA2002763.95
Levels
Previous Daily High2877
Previous Daily Low2877
Previous Weekly High2885.5
Previous Weekly Low2729.25
Previous Monthly High2959.75
Previous Monthly Low2749.75
Daily Fibonacci 38.2%2877
Daily Fibonacci 61.8%2877
Daily Pivot Point S12877
Daily Pivot Point S22877
Daily Pivot Point S32877
Daily Pivot Point R12877
Daily Pivot Point R22877
Daily Pivot Point R32877

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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