Home S&P 500 New York Price Forecast: US stocks parked just below the 2900 resistance

S&P 500 New York Price Forecast: US stocks parked just below the 2900 resistance

Updated: 7 May. 2020 | 15:32

The bullish recovery from mid-March stays intact.
The level to beat for bulls is the 2900 resistance.

S&P 500 daily chart

As the S&P 500 is making higher highs and lows, the bullish recovery from mid-march stays intact. Buyers are looking for a daily close above the 2900 level en route towards the 2950 level and 3000 big figure. Conversely, support can be seen near the 2850 and 2800 levels.

Additional key levels

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