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S&P500 Index technical analysis: US stocks are approaching the 3000 mark

  • The S&P500 is reaching the 3000 round figure.
  • Further up, resistances can be located at  3,010 and 3,045 level.    

S&P500 daily chart

The S&P500 is in uncharted territories at a stone’s throw from the 3000 round figure. It will be interesting to see if the market can continue beyond this level. The next resistance can be seen at the 3,010 and 3,045 level.

S&P500 4-hour chart

In the medium term, bulls want to reach the 3000 round figure. Support is at the 2,950 level. If broken to the downside, 2,940 can be the next level of support.

Additional key levels

 

 

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