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S&P 500 Price Analysis: US stocks rebounding from 7-day lows, approaching 2800 mark

  • S&P 500 index is consolidating the bullish recovery.
  • The level to beat for bulls is the 2800 resistance. 
 

S&P 500 daily chart

 
The S&P 500 dipped down in the previous session, however, bulls are already back in nearing the 2800 resistance. A break of which would lead to further advances towards the 2850 and 2900 price levels. Support can emerge near the 2700 figure and the 2655 level. 
 
 

Additional key levels 

 

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