- The S&P 500 is trading at levels not seen since early March 2020.
- The level to beat for buyers is the 3075 resistance.
S&P 500 daily chart
The S&P 500 is gaining steam above the main SMAs as the market is printing fresh 3-month highs. As bulls stay firmly in control while breaking above the 3075/3100 price zone, the market can be headed towards the 3180 and 3267 levels in the medium-term. On the flip side, support can emerge near the 3075 and 3000 levels initially.