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S&P 500 Price Analysis: US stocks in the red, approaching 6-day lows

  • S&P 500 index bullish recovery is taking a breather. 
  • Immediate support is seen near the 2700 figure. 
 

S&P 500 daily chart

 
The S&P 500 is taking a breather after a phenomenal bullish recovery. The market is easing down while nearing the 2700 figure where support could emerge and the S&P 500 potentially stabilize. Immediate resistance is seen near the 2800 and 2850 price levels. 
  
 

Additional key levels 

 

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