S&P500 technical analysis: US stocks consolidate gains below 2,900.00

Flavio Tosti Independent Analyst

S&P500 daily chart

The S&P500 Index consolidated the recent gains below 2,900.00. The market trades above its main daily simple moving averages (DSMAs).

S&P500 4-hour chart

The index is trading above its main SMAs suggesting bullish momentum in the medium term. The level to beat for bulls is at 2,910.00. A break beyond the resistance 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 price	2881.5
Today Daily Change	-5.75
Today Daily Change %	-0.20
Today daily open	2887.25

Trends
Daily SMA20	2832.08
Daily SMA50	2874.38
Daily SMA100	2829.02
Daily SMA200	2763.72

Levels
Previous Daily High	2911.5
Previous Daily Low	2879.5
Previous Weekly High	2885.5
Previous Weekly Low	2729.25
Previous Monthly High	2959.75
Previous Monthly Low	2749.75
Daily Fibonacci 38.2%	2891.72
Daily Fibonacci 61.8%	2899.28
Daily Pivot Point S1	2874
Daily Pivot Point S2	2860.75
Daily Pivot Point S3	2842
Daily Pivot Point R1	2906
Daily Pivot Point R2	2924.75
Daily Pivot Point R3	2938

Author

Flavio Tosti

Independent Analyst

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