- 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