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S&P500 Technical Analysis: Bulls en route towards the 2,600.00 figure

S&P500 daily chart

  • The S&P500 is having a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs).  

S&P500 4-hour chart

  • The S&P500 broke above the 2,500.00 figure and the 50 SMA.

S&P500 30-minute chart

  • Bulls are trading above the main SMAs suggesting bullish momentum.
  • A breakout above the 2,570.00 level would open the doors to 2,600.00 resistance.  

Additional key levels

SP 500

Overview:
       Today Last Price:  2563.75
       Today Daily change:  1.0e+3  pips
       Today Daily change %:  0.401%
       Today Daily Open:  2553.5
Trends:
       Previous Daily SMA20:  2523.99
       Previous Daily SMA50:  2642.52
       Previous Daily SMA100:  2748.94
       Previous Daily SMA200:  2754.61
Levels:
       Previous Daily High:  2566.75
       Previous Daily Low:  2523.5
       Previous Weekly High:  2539
       Previous Weekly Low:  2441
       Previous Monthly High:  2813.5
       Previous Monthly Low:  2340.25
       Previous Daily Fibonacci 38.2%:  2550.23
       Previous Daily Fibonacci 61.8%:  2540.02
       Previous Daily Pivot Point S1:  2529.08
       Previous Daily Pivot Point S2:  2504.67
       Previous Daily Pivot Point S3:  2485.83
       Previous Daily Pivot Point R1:  2572.33
       Previous Daily Pivot Point R2:  2591.17
       Previous Daily Pivot Point R3:  2615.58

 

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