S&P500 Technical Analysis: US Stocks jump above 2,900.00 level

S&P500 daily chart

• The S&P500 index is trading above its main simple moving averages (SMAs) suggesting a 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 leaving the bull trend intact for now.  
• If bulls surpass 2,910.00, the next key resistance to the upside is at 2,930.00 level.
• Looking down, investors can expect support at 2,890.00; 2,880.00 and 2,870.00 level.

Additional key levels