The S&P500 index is on a rollercoaster. Big move up and down, high volatility. The market is paring some losses into the New York close. S&P500 daily chart The S&P500 Index is trading in a bull trend above its main simple moving averages (SMAs). Bears drove the market down below the 2,900.00 figure but support was found near the 50 SMA. S&P500 4-hour chart The market is stabilizing near the 200 SMA. S&P500 30-minute chart The market established another leg down below the main SMAs suggesting a bearish momentum in the short term. Bears need to overcome 2,860.00 to reach 2,840.00 and 2,820.00 levels. Resistance can 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 Bitcoin Price Analysis: BTC/USD has room to further fly FX Street 3 years The S&P500 index is on a rollercoaster. Big move up and down, high volatility. The market is paring some losses into the New York close. S&P500 daily chart The S&P500 Index is trading in a bull trend above its main simple moving averages (SMAs). Bears drove the market down below the 2,900.00 figure but support was found near the 50 SMA. S&P500 4-hour chart The market is stabilizing near the 200 SMA. S&P500 30-minute chart The market established another leg down below the main SMAs suggesting a bearish momentum in the short term. Bears need to overcome 2,860.00… 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.
