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S&P500 Technical Analysis: US Stocks ends up the week on their highs near 2,835.00 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.
  • The break above 2,830.00 can drive the market to 2,850.00 and 2,870.00 resistance.
  • To the downside, support is at 2,810.00; 2,790.00 and 2,770.00 level.

Additional key levels

 

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