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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. 

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 price96.64
Today Daily Change-0.62
Today Daily Change %-0.64
Today daily open97.26
 
Trends
Daily SMA2097.4
Daily SMA5097.51
Daily SMA10097.11
Daily SMA20096.62
Levels
Previous Daily High97.68
Previous Daily Low97.08
Previous Weekly High97.59
Previous Weekly Low96.58
Previous Monthly High98.38
Previous Monthly Low97.03
Daily Fibonacci 38.2%97.31
Daily Fibonacci 61.8%97.45
Daily Pivot Point S197
Daily Pivot Point S296.74
Daily Pivot Point S396.4
Daily Pivot Point R197.6
Daily Pivot Point R297.94
Daily Pivot Point R398.2

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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