Home S&P500 Technical Analysis: Target hit for bulls as US Stocks revisit October highs – Bear target at 2,734.00 level
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S&P500 Technical Analysis: Target hit for bulls as US Stocks revisit October highs – Bear target at 2,734.00 level

S&P500 daily chart

  • The S&P500 is trading in a bull trend above its 200-day simple moving average (SMA). The 2,770.00 target has been achieved.  
  • The market flirted with the 2,818.75 target and the 100-day SMA.
  • The momentum seems to be switching to bearish in the short-term with a target at 2,734.00.

Additional key levels  

SP 500

Overview:
       Today Last Price:  2790
       Today Daily change:  2.7e+3  pips
       Today Daily change %:  0.977%
       Today Daily Open:  2763
Trends:
       Previous Daily SMA20:  2719.74
       Previous Daily SMA50:  2760.23
       Previous Daily SMA100:  2817.24
       Previous Daily SMA200:  2765.07
Levels:
       Previous Daily High:  2764
       Previous Daily Low:  2728.5
       Previous Weekly High:  2764
       Previous Weekly Low:  2629.8
       Previous Monthly High:  2818.75
       Previous Monthly Low:  2626
       Previous Daily Fibonacci 38.2%:  2750.44
       Previous Daily Fibonacci 61.8%:  2742.06
       Previous Daily Pivot Point S1:  2739.67
       Previous Daily Pivot Point S2:  2716.33
       Previous Daily Pivot Point S3:  2704.17
       Previous Daily Pivot Point R1:  2775.17
       Previous Daily Pivot Point R2:  2787.33
       Previous Daily Pivot Point R3:  2810.67

 

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