Home S&P 500 Price Analysis: US stocks surge to highest since late February

S&P 500 Price Analysis: US stocks surge to highest since late February

Updated: 5 Jun. 2020 | 19:47

The S&P 500 is breaking to 3.5-month highs.
The level to beat for buyers is the 3267 resistance.

S&P 500 daily chart

The S&P 500 is accelerating to fresh 3.5-month highs as the bulls remain in control. The market is erasing the corona crash as economies are reopening. The break above the 3180 resistance is introducing scope for a run towards the 3267 and 3369 levels in the medium-term. On the other hand, support can emerge near the 3180 and 3100/75 levels initially.

Additional key levels

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