S&P500 consolidates losses below the 2500 level. The level to beat for bears is the 2300 support. S&P500 daily chart The market is consolidating the sharp drop while trading below the 2500 mark. However, the S&P500 is officially in a bear market as it dropped more than 20% from its recent all-time high. If bears manage to get a daily close below the 2300 level, the index could potentially continue to decline towards the 2200 and 2000 figures. On the flip side, bulls can find resistance near the 2500 level followed by 2600 and 2700 figures on the way up. Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ripple Price Analysis: Ripple needs to break the 0.1660 level FX Street 2 years S&P500 consolidates losses below the 2500 level. The level to beat for bears is the 2300 support. S&P500 daily chart The market is consolidating the sharp drop while trading below the 2500 mark. However, the S&P500 is officially in a bear market as it dropped more than 20% from its recent all-time high. If bears manage to get a daily close below the 2300 level, the index could potentially continue to decline towards the 2200 and 2000 figures. On the flip side, bulls can find resistance near the 2500 level followed by 2600 and 2700 figures on the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.