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S&P 500 Technical Analysis: Bears stick to the 3-month’s low

S&P500 daily chart

  • The S&P500 is in a bear trend below the 200-day simple moving average (SMA).
  • The S&P500 is trading near the 3-month’s low as technical indicators are turning bearish.  
  • If bulls can hold prices above 2,600.00 then 2700.00 is the bull target. Alternatively, to the downside 2,570.00 can be next.

Additional key levels

SP 500

Overview:
       Today Last Price:  2634.75
       Today Daily change:  -6.0e+3  pips
       Today Daily change %:  -2.22%
       Today Daily Open:  2694.5
Trends:
       Previous Daily SMA20:  2705.82
       Previous Daily SMA50:  2744.54
       Previous Daily SMA100:  2813.47
       Previous Daily SMA200:  2766.2
Levels:
       Previous Daily High:  2715.25
       Previous Daily Low:  2621
       Previous Weekly High:  2764
       Previous Weekly Low:  2629.8
       Previous Monthly High:  2818.75
       Previous Monthly Low:  2626
       Previous Daily Fibonacci 38.2%:  2657
       Previous Daily Fibonacci 61.8%:  2679.25
       Previous Daily Pivot Point S1:  2638.58
       Previous Daily Pivot Point S2:  2582.67
       Previous Daily Pivot Point S3:  2544.33
       Previous Daily Pivot Point R1:  2732.83
       Previous Daily Pivot Point R2:  2771.17
       Previous Daily Pivot Point R3:  2827.08

 

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