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S&P 500 Price Forecast: US stocks easing from two-week’s highs, trades near 2500 level

  • S&P 500 is pressuring the 2500 support level.
  • Further weakness can be on the cards with 2400 and 2300 on the bears’radar.
 

S&P 500 daily chart

 
The S&P 500 is pressuring the 2500 support as the market is easing from 11-day’s highs. A break below the above-mentioned support can lead to further weakness towards the 2400 and 2300 levels on the way down. Resistance can emerge near 2600 level initially.
    

Additional key levels 

 

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