S&P500 technical analysis: US stocks consolidate gains above 2,845.00 support

Flavio Tosti Independent Analyst

S&P500 daily chart

The S&P500 Index is trading in a bull trend above its 100 and 200-period simple moving averages (SMAs).

S&P500 4-hour chart

The market is consolidating above 2,830.00 swing low the 50 SMA.

S&P500 30-minute chart

Bulls need to break above 2,870.00 resistance. If the market can break above it then 2,880.00 and 2,890.00 can be back on the cards. Support is at 2,845.00 and 2,835.00 level.

Additional key levels

SP 500

Overview
Today last price	2861
Today Daily Change	-2.50
Today Daily Change %	-0.09
Today daily open	2863.5

Trends
Daily SMA20	2890.4
Daily SMA50	2877.84
Daily SMA100	2802.43
Daily SMA200	2769.33

Levels
Previous Daily High	2869.25
Previous Daily Low	2845.75
Previous Weekly High	2892.25
Previous Weekly Low	2801.75
Previous Monthly High	2954.75
Previous Monthly Low	2850.25
Daily Fibonacci 38.2%	2860.27
Daily Fibonacci 61.8%	2854.73
Daily Pivot Point S1	2849.75
Daily Pivot Point S2	2836
Daily Pivot Point S3	2826.25
Daily Pivot Point R1	2873.25
Daily Pivot Point R2	2883
Daily Pivot Point R3	2896.75

Author

Flavio Tosti

Independent Analyst

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