S&P500 daily chart The S&P500 Index is trading in a bull trend above its main simple moving averages (SMAs). Bears kept the market below the 2,900.00 figure as the 50 SMA is supporting prices. S&P500 4-hour chart The market is trying to stabilize near the 200 SMA. S&P500 30-minute chart The bears didn’t make any progress this Wednesday. However, as the market is trading below the main SMAs the momentum is still tilted to the downside in the short term. Bears need to break below 2,860.00 to reach 2,840.00 and 2,820.00 levels. Resistance is to be expected at 2,900.00, 2,915 and 2,938.00 levels. 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 NZD/USD: A tad lower around 0.6580 as RBNZ’s Orr speaks FX Street 3 years S&P500 daily chart The S&P500 Index is trading in a bull trend above its main simple moving averages (SMAs). Bears kept the market below the 2,900.00 figure as the 50 SMA is supporting prices. S&P500 4-hour chart The market is trying to stabilize near the 200 SMA. S&P500 30-minute chart The bears didn't make any progress this Wednesday. However, as the market is trading below the main SMAs the momentum is still tilted to the downside in the short term. Bears need to break below 2,860.00 to reach 2,840.00 and 2,820.00 levels. Resistance is to be expected at… 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.
