S&P500 technical analysis: The consolidation goes on below the 2,900.00 mark


  • The S&P500 extends the consolidation theme for the third day.
  • The level to beat for bulls is 2,910.00.

S&P500 daily chart
 
The S&P500 Index is consolidating the recent gains below the 2,900.00 mark. The market is bullish above its main daily simple moving averages (DSMAs).


S&P500 4-hour chart


The American stock index is trading above the main SMAs suggesting bullish momentum in the medium term. Bulls need to break 2,910.00 to travel towards 2,940.00 and 2,960.00. Immediate support can be seen at 2,880.00 and 2,840.00.


Additional key levels

SP 500

Overview
Today last price 2893.75
Today Daily Change 12.25
Today Daily Change % 0.43
Today daily open 2881.5
 
Trends
Daily SMA20 2832.25
Daily SMA50 2874.12
Daily SMA100 2830.7
Daily SMA200 2763.51
Levels
Previous Daily High 2889.75
Previous Daily Low 2875.25
Previous Weekly High 2885.5
Previous Weekly Low 2729.25
Previous Monthly High 2959.75
Previous Monthly Low 2749.75
Daily Fibonacci 38.2% 2880.79
Daily Fibonacci 61.8% 2884.21
Daily Pivot Point S1 2874.58
Daily Pivot Point S2 2867.67
Daily Pivot Point S3 2860.08
Daily Pivot Point R1 2889.08
Daily Pivot Point R2 2896.67
Daily Pivot Point R3 2903.58

 

 

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