S&P500 Technical Analysis: US Stocks in good shape above 2,700.00 ahead of the US mid-term elections

• The S&P500 is having a pullback below the 200-day simple moving average ahead of the US mid-term elections.    
• Bulls are keeping the price above 2,700.00 key level. The next level to beat will be 2,763.50 (July 11 low) followed be 2,800.00 figure. Technical indicators are starting to gain some steam with the Stochastic above its 50 line.
• On the flip side, a break below 2,700.00 on a daily closing basis would be seen as a warning sign for bulls.    

S&P500 daily chart

Main trend:               Bullish
Short-term trend:      Bearish pullback below 200-day SMA
 
Resistance 1:           2,763.50 July 11 low
Resistance 2:           2,800.00 figure
Resistance 3:           2,834.25 current October 10 low
 
Support 1:                2,718.75 April 17 high-
Support 2:                2,700.00 figure
Support 3:                2,647.25 March 2 low
Support 4:                2,600.00 figure
Support 5:                2,530.75, 2018 low

Additional key levels at a glance: