Home S&P500 Technical Analysis: US Stocks en route towards the 2,890.00 level
FXStreet News

S&P500 Technical Analysis: US Stocks en route towards the 2,890.00 level

S&P500 daily chart

  • The S&P500 is trading above its main simple moving average suggesting bullish momentum.


S&P500 4-hour chart

  • The S&P500 is trading above its main SMAs suggesting a bullish bias in the medium-term.


S&P500 60-minute chart

  • The S&P500 is trading above its main SMAs suggesting bullish momentum in the short-term.
  • A break above 2,870.00 can drive the market to 2,890.00 and 2,910.00 resistance.
  • To the downside, support is at 2,850.00 and 2,830.00 level.


Additional key levels

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.