S&P500 technical analysis: US stocks hit 2,960.00 new all-time high- is 3,000.00 the next stop?

The S&P500 hits a new all-time high at 2,960.00.
If the bulls break 2,960.00 resistance the next target can be at 3,000.00.

Flavio Tosti Independent Analyst

S&P500 daily chart

The S&P500 fit 2,960.00 a new all-time high this Thursday. The market remains bullish above the main daily simple moving averages (DSMAs).

S&P500 4-hour chart

The stock index is trading above its main SMAs suggesting bullish momentum in the medium term. The 50 SMA crossed above the 200 SMA which is a bullish sign. A sustained break above 2,960.00 can lead to 3,000.00. Immediate support can be located at 2,930.00 and 2,910.00.

Additional key levels

Dollar Index Spot

Overview
Today last price	96.64
Today Daily Change	-0.62
Today Daily Change %	-0.64
Today daily open	97.26

Trends
Daily SMA20	97.4
Daily SMA50	97.51
Daily SMA100	97.11
Daily SMA200	96.62

Levels
Previous Daily High	97.68
Previous Daily Low	97.08
Previous Weekly High	97.59
Previous Weekly Low	96.58
Previous Monthly High	98.38
Previous Monthly Low	97.03
Daily Fibonacci 38.2%	97.31
Daily Fibonacci 61.8%	97.45
Daily Pivot Point S1	97
Daily Pivot Point S2	96.74
Daily Pivot Point S3	96.4
Daily Pivot Point R1	97.6
Daily Pivot Point R2	97.94
Daily Pivot Point R3	98.2

Author

Flavio Tosti

Independent Analyst

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